General Motors estimates that U.S. demand for its newest product will be: Qus=30,000-0.5P. Export demand will be Qex=25,000-0.5P. The total market demand curve for this product will be a
a. straight line with a slope of -0.5
b. straight line with a slope of -1.0
c. kinked line with a kink at Q=25,000
d. kinked line with a kink at P=50,000
e. none of the above.
Answers
The total market demand curve for this product cannot be represented by any of the options given. To find the total market demand curve, we need to add the domestic demand (Qus) and export demand (Qex) curves. Thus, the total demand can be expressed as: Qt = Qus + Qex Qt = (30,000 - 0.5P) + (25,000 - 0.5P) Qt = 55,000 - P
Therefore, the total market demand curve for this product is a straight line with a slope of -1.0, where the intercept is 55,000 (the total quantity demanded when the price is 0). None of the options given match this result. To determine the total market demand curve for General Motors' newest product, we need to sum the U.S. demand (Qus) and export demand (Qex) functions. Qus = 30,000 - 0.5P Qex = 25,000 - 0.5P Adding both equations, we get the total market demand (Qtotal): Qtotal = Qus + Qex Qtotal = (30,000 - 0.5P) + (25,000 - 0.5P) Qtotal = 55,000 - P The total market demand curve is a straight line with a slope of -1.0. Therefore, the correct answer is option (b).
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Related Questions
Allen Furniture Company is considering offering an inexpensive line of college dorm and apartment furnishings. If they move forward, they will renovate part of their store to accommodate this new stock. Before spending the money to redesign the store, they first want to find out customer interest. In a short response of approximately 100 words, describe some of the steps they should take as they consider this project.
Answers
Answer:
Allen Furniture Company should look into conducting a survey to gauge customer interest to find what they look for, need, and find attractive. They could do so by going to college campuses and conducting random interviews. For their apartment furnishings, they could look online to see what kind of product sell and do an analysis of customer interest that way and they could also conduct a survey for people that live in apartments. They could also look into a consultant that specializes in the field and is experienced with what customers like or want.
Sasha buys a warm soda and a slice of cold pizza. The marginal utility from a soda is 40, and the price of the soda is $1. The marginal utility from a slice of pizza is 80. Since Sasha always chooses the utility-maximizing choice, we know the price of a slice of pizza must be:
A) $0.50.
B) $1.
C) $20.
D) $2.
Answers
A firm that is committed to keeping manufacturing facilities in only the home country (and not developing multiple production sites in a variety of countries) can Multiple Choice not mitigate the effects of exchange rate changes. lessen the effect of exchange rate changes by pursuing a strategy of diversifying the markets in which the firm's products are sold. lessen the effect of exchange rate changes by pursuing a strategy of selling commodity products without product differentiation. pursue a strategy of increasing its products price elasticity of demand.
Answers
Answer:
lessen the effect of exchange rate changes by sourcing from where input costs are low
Explanation:
Requiring managers to prepare the budgets from scratch or zero-base may help them to overcome the problem of:
Answers
Answer: Excessive cost
Explanation:
Zero-based budgeting is the sort of budgeting where when income is subtracted from expenses it gives zero. This sort of budgeting puts a measure of the expenses, it ensures the expenses matches the income. The purpose of the budget plan is to justify expenses and optimize cost, thereby look out for cost effective ways to plan and avoid inflated budgets. It primarily guides against excessive costs on projects.
A project is expected to generate annual revenues of $129,300, with variable costs of $72,400, and fixed costs of $18,900. The annual depreciation is $4,950 and the tax rate is 21 percent. What is the annual operating cash flow
Answers
Answer:
$42,950
Explanation:
Data and Calculations
Revenue $129,300
Less variable costs ($72,400)
Less fixed costs ($18,900)
add depreciation $4,950
Operating Cash flow $42,950
Thus
The annual operating cash flow $42,950.
When the source data is final and will not be edited, you can use a static consolidation.
(TRUE OR FALSE)
Answers
Answer:
False
Explanation:
Data consolidation is a command that summarizes information from multiple excel worksheets and combines them in a single consolidated worksheet. The command does not affect the original data. Consolidation is either static or dynamic.A change in the origin or source worksheets does not reflect in the consolidated worksheet in static consolidation. Dynamic means that a change in the source worksheets will be updated in the consolidated data automatically.When the source data is final and will not be edited, dynamic consolidation is applicable.Help what’s the answer??
Answers
Raman is a Government servant, his wife Radha is an advocate and their son Amit is engaged in retailing of electronic goods. Identify the type of activities they are engaged in. Also differentiate between the identified activities on any three parameters.
Answers
Answer:
Kindly see Explanation
Explanation:
Raman is described above as being a government servant, this means Raman is an employee of the Federal or State Government. In other words, Raman works in a government runned establishment. Raman is in the civil service.
Radha who is described as an advocate could be explained as an individual who lends his or her voice in other to make others get heard or a protagonist of a certain course.Radha could be described as being into Law or judicial activities.
Amit who retails electronic goods could be described as being self-employed who is into buying and selling.
Difference between activities of Raman, Radha and Amit.
1.) Engagement sector:
Raman works in the civil service, while Radha work is inclined with the legal and activism process and Amit is into commerce.
EMPLOYER:
2.) Raman is clearly a government employee, Radha could work for Non-governmental or Volunteer organizations, while Amit is Self-employed.
DECISION-MAKING :
3.) Raman works based on defined government framework and rules, Radha as an advocate is more inclined towards promoting morality, While Amit will make decisions based on what is best for his business as an entrepreneur.
authority is defined as the multiple choice assignment of a task that an employee is supposed to carry out. expectation that employees will perform a job and report the status of their performance. assignment of additional responsibility to a subordinate at a lower level. legitimate right to make decisions and to tell people what to do. narration of a set of predicted future conditions.
Answers
Authority is defined as the multiple choice assignment of a task that an employee is supposed to carry out legitimate right to make decisions and to tell people what to do.
What is importance of authority?Any organisation or system must have authority in order to establish a clear chain of command and make decisions. It enables individuals or groups to decide on and take actions that are consistent with the goals and objectives of the organisation. Having authority helps to ensure that tasks are completed effectively and efficiently by providing structure and order. Additionally, it aids in ensuring that people are held accountable for their deeds and obligations. A positive work culture can be cultivated and increased trust and respect among coworkers by having clear authority within an organisation. In conclusion, authority is crucial because it promotes good decision-making, accountability, and direction.
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How do customers find out about Donny Ouyang's company
Answers
Answer:
People found out about his company through different types of promotion over the Internet. As well as offline around his community. Most people reach his Web sites through search engines like Gooogle and Bing.com.
Explanation:
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why do business need funding
Answers
how does strategic management typically evolve in a corporation
Answers
Strategic management in a corporation typically evolves through various stages and processes.
The specific evolution may vary depending on the company's size, industry, and other factors, but here is a general outline:
Initial Strategic Planning: The process begins with the development of a strategic plan, which involves defining the company's mission, vision, and goals. This initial stage sets the foundation for strategic management.
Environmental Analysis: The corporation conducts a thorough analysis of its internal and external environment, including factors such as market trends, competition, technological advancements, and regulatory changes. This analysis helps identify opportunities and threats.
Strategy Formulation: Based on the environmental analysis, the corporation formulates its strategies to achieve its objectives. This includes identifying target markets, positioning the company's products or services, and determining competitive advantages.
Strategy Implementation: Once the strategies are developed, they need to be effectively implemented throughout the organization. This involves allocating resources, setting performance targets, and aligning the actions of different departments or business units with the strategic goals.
Continuous Evaluation and Adaptation: Strategic management is an ongoing process that requires continuous evaluation of the strategies' effectiveness. Key performance indicators (KPIs) and metrics are monitored to assess progress and make necessary adjustments to the strategies based on changing market conditions or internal factors.
Organizational Learning: As the corporation implements and evaluates its strategies, it learns from both successes and failures. This learning process helps refine the strategic management approach, leading to improved decision-making and better performance over time.
It's important to note that strategic management is not a linear process but rather a dynamic and iterative one. The corporation must be adaptable and responsive to changes in the business environment to remain competitive and achieve long-term success.
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What was the stock market crash of 1929 called?
Answers
The stock market crash of 1929 was commonly known as the "Great Crash" or the "Wall Street Crash."
The stock market crash of 1929 was called "Black Tuesday." The stock market crash of 1929 was the most significant economic collapse in American history and had far-reaching consequences. It occurred on October 29, 1929, which became known as "Black Tuesday." In October 1929, the stock market began to decline, reaching its peak on September 3, 1929. On Black Tuesday, October 29, 1929, the stock market plummeted, resulting in the loss of millions of dollars and the beginning of the Great Depression. The main factors contributing to the stock market crash of 1929 were:
Over-speculation in the stock market: The 1920s saw a rise in stock market speculation, and many Americans invested in the stock market without fully understanding the risks.
Unequal distribution of wealth: the majority of the population had little to no access to the stock market, and only the wealthy were able to invest.
The buying of stocks with borrowed money (margin): Margin buying allowed investors to buy stocks with borrowed money, but it also magnified losses when the market crashed.
Weak banking system: Banks lent money to investors to purchase stocks, but they also invested heavily in the stock market themselves, resulting in bank failures when the market crashed.
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Paul experienced several distractions while reading the annual report. These interferences are also known as O miscommunication diffusion split message noise
Answers
The interferences Paul experienced while reading the annual report are known as noise. So, the correct option is d. noise.
What is noise?Noise refers to any interference that causes distortion or interruption of a message when it is transmitted from the sender to the receiver. This can be either external, such as sounds in the environment, or internal, such as a person's thoughts or emotional state.
The four interferences or noises are:
Physical noise: This is due to physical factors such as environmental sounds, poor acoustics, loud music, or a bad phone connection.
Physiological noise: This type of noise is caused by a person's physical condition, such as illness, fatigue, or hunger.
Psychological noise: This is the noise that occurs due to a person's mental state. Distractions such as stress, emotions, or prejudices can cause psychological noise.
Semantic noise: Semantic noise refers to problems that arise from a lack of shared understanding or language between the sender and the receiver of a message.
Therefore, the correct answer is option d, noise.
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A person decides to buy a book to read rather than buying a movie ticket. The movie ticket that the person has given up, is known as
Answers
Answer:
deficit
Explanation:
The person decided to buy a book rather than buy a movie ticket. The movie ticket given by the person is his opportunity cost.
What is an opportunity cost?Opportunity cost refers to the cost of forgone alternative. In simple words, it means the level of satisfaction that can be derived from choosing another thing over one.
If the person buys the book rather than buying a movie ticket, the satisfaction that can be derived from watching the movie will be termed as the opportunity cost incurred by the person.
Therefore the correct option is opportunity cost.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
Answers
In 2007, the national public high school _____ rate was 74.7 percent.
crime
graduation
credit
population
Answers
Answer:
graduation
Explanation:
Answer:
Graduation
Explanation:
edge2021
for dropout it was 25.3 percent.
A market basket: ___________
a. includes all the goods and services produced in an economy.
b. includes all the goods and services consumed in an economy, including net exports.
c. includes all the goods and services consumed in an economy, including imports.
d. is a tool devised to track how changing prices affect consumers.
Answers
Answer:
D
Explanation:
Common trade agreements include the World Trade Association, economic communities, bartering, countertrade, and free-trade zones. What are possible concerns regarding trade agreements?
Answers
Explanation:
1. Unequal terms: Trade agreements could potentially create an unfair balance of power between two entities, allowing one country or party to benefit while the other is left with unfavorable terms.
2. Exploitation: Trade agreements could be manipulated to allow countries or entities to exploit resources or labor in the other countries in exchange for unfair terms.
3. Job Loss: Trade agreements can lead to job losses in countries that are unable to compete globally due to their industry not being competitive enough. This can create economic instability in countries as well as social unrest.
4. Impacts on Local Communities: Trade agreements can lead to adverse impacts on local communities, such as displacement from their traditional lands, decreased access to natural resources, or ecological destruction.
5. Risk of Dumping: Dumping is the practice of exporting products at very low prices to create an unfairly competitive market for other countries, potentially resulting in major losses for countries that cannot compete. This practice is often seen in trade agreements.
Describe the population distribution in Guyana
Answers
More than 70 percent of Guyana's coastal population is rural, living on plantations or in villages strung along the coastal road. The villages range in size from several hundred to several thousand inhabitants. The layout of the villages is dictated by the drainage and irrigation systems of the plantations, both active and abandoned. The villages are most heavily concentrated along the estuary of the Demerara River and the eastern environs of Georgetown, near the mouth of the Berbice River close to New Amsterdam, and along the extreme east coast near the Courantyne River.
The pattern of population distribution in Guyana is a product of nineteenth-century economic development, which was based on the cultivation of sugarcane. Because the swampy coast was fertile and sugar production was geared to export, the large sugar estates confined their operations to a narrow coastal strip. Most of the villages had ethnically diverse populations, but usually one ethnic group predominated. The urban population was predominantly African, but it would be misleading to suggest that all Afro-Guyanese were urban. Indeed, the majority of the Afro-Guyanese population was rural. A far greater majority of Indo-Guyanese, however, lived outside the cities. The interior of the country was left mainly to the Amerindians. Even the later exploitation of timber, bauxite, and manganese in the interior failed to effect any sizeable migration.
Which of the following statement(s) is not true?
Group of answer choices
c) The present Chinese economic system includes some private ownership of businesses.
a and b are correct answers to the question.
b) ESG is a tool advocated by shareholder theorists as an effective measurement of whether the corporation is legally maximizing profits.
a) Shareholder theory and Stakeholder theory agree on the following proposition. A corporation following shareholder theory will always pay employees the lowest negotiable wages, even if inadequate compensation for the work being performed.
d) John Rawl's theory in pursuing "justice as fairness" places lesser value on private property. e. a and b are correct answers to the question.
Answers
It is not accurate to say that the present Chinese economic system includes some private ownership of businesses, as private ownership is still limited and the state sector remains a significant force in the economy.
The statement that is not true is c) The present Chinese economic system includes some private ownership of businesses.
The Chinese economic system is often described as a mixed economy, meaning it includes elements of both socialism and capitalism. While it is true that China has implemented market-oriented reforms and has allowed for some private ownership of businesses, it is important to note that the majority of businesses in China are still state-owned or state-controlled.
In China, the government maintains significant control over key industries and sectors, such as banking, telecommunications, and energy. State-owned enterprises (SOEs) play a dominant role in the Chinese economy, and the government maintains ownership or control over these enterprises. The private sector does exist in China and has grown in recent years, but it is still relatively small compared to the state sector.
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PLEASE HELP! I'M DOING A TEST!!!
Which analyst position analyzes information using mathematical models to help business managers make decisions?
A) Budget Analyst
B) Management Analyst
C) Credit Analyst
D)Operations Research Analyst
Answers
Answer:
operations research analyst
Please I need help it’s due today
Answers
Answer:
Forget about school, its the big ;man trying to bring us down. Focus on the grind Brotha follow yo dreamzz.
Explanation:
You got it my g
Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the ________. A) planning function B) directing function C) controlling function D) decision function
Answers
Anika, a division manager, is purchasing materials to ensure she has enough to meet customers' demands. Anika is engaging in the directing function. Thus, the correct option is B.
What is Directing function?Directing function can be said to be a process in which the managers instruct, guide, and oversee the performance of all the workers of the organization to achieve predetermined goals. Directing function is said to be the heart of the management process in an organization. Planning, organizing, staffing have got no importance if the direction function does not take place properly.
There are four primary elements of the directing function which include supervising, motivating, leadership, and communication. The importance of Directing function include initiating actions, ensures co-ordination, improves efficiency, facilitates change and assists stability and growth.
Therefore, the correct option is B.
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Name the choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing.
Answers
The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space
What is the meaning of Choreography?In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.
These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.
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What is working capital?
Answers
Answer:
Working capital, also called net working capital (NWC), represents the difference between a company’s current assets and current liabilities.
NWC is a measure of a company’s liquidity and short-term financial health.
A company has negative NWC if its ratio of current assets to liabilities is less than one.
Positive NWC indicates that a company can fund its current operations and invest in future activities and growth.
High NWC isn’t always a good thing. It might indicate that the business has too much inventory or is not investing its excess cash.
Explanation:
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answer:
the capital of a business which is used in it day-to-day trading operation, calculated as the current assets minus the current liabilities
Introduce the term of notice in two sentence
Answers
(Notice as a verb) While investigating the scene of the crime, the detective *noticed* fingerprints on the glass window.
(Notice as a noun) A final notice was given to the disobedient boy after which he would be expelled from the school.
A unit of measure that equals 2.471 acres or 10,000 square meters of land is called what?
Answers
When an agent, acting within the scope of his or her authority, contracts with a third party, a disclosed principal is liable to the third party. Group of answer choices False True
Answers
When an agent contracts with a third party within their authority, the liability of a disclosed principal to the third party.
True. When an agent, acting within the scope of their authority, enters into a contract with a third party, a disclosed principal is indeed liable to the third party. In this scenario, a disclosed principal refers to a situation where the agent explicitly reveals the identity of the principal to the third party during the contract formation process. The disclosed principal becomes directly responsible for fulfilling the contractual obligations and liabilities towards the third party. This means that the third party can hold the principal accountable for any breaches or non-performance of the contract by the agent, as long as the agent was acting within their authorized powers. The third party can seek legal remedies or enforce the contract against the disclosed principal, as they are considered a party to the contract by virtue of their knowledge of the principal's identity. Therefore, the liability of a disclosed principal to the third party is true when the agent contracts within their authority.
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Why does the government oversee the provision of public goods?
Public goods are goods and services that tend to result in negative externalities; therefore, the government must oversee that the provision of these goods and services is limited.
Public goods are goods and services that tend to result in negative externalities; therefore, the government must oversee that the provision of these goods and services is limited.
Public goods are goods and services that are non-excludable and rivalrous. The government must oversee the fair distribution of these goods; otherwise, they would be distributed on a first-come, first-serve basis.
Public goods are goods and services that are non-excludable and rivalrous. The government must oversee the fair distribution of these goods; otherwise, they would be distributed on a first-come, first-serve basis.
Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.
Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.
Public goods and services require resources in production that are scarce; therefore, the government must ensure that production is limited.
Answers
The reason why public goods are provided by the government is C. Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.
A public good simply means the good that is beneficial to everyone in the society. It's non-excludable and non-rivalrous. e.g electricity, water, sewage disposal, etc.
Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods. They're usually provided to meet the needs of the people and not for profit motive.
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Answer:
Public goods are goods and services that are non-excludable and non-rivalrous; therefore, it is not profitable or in the best interest of private businesses to provide these goods.
Explanation:
The guy above me is also correct, pls give him credit. The test said it was correct.