For question #3, we need to calculate the equivalent annual cost of the proposed maintenance payment program.
Using the formula for equivalent uniform annual cost (EUAC) from slide 42 of the 3/24/22 lecture, we can calculate:
EUAC = A + (A/P, i%, n) * i%
where A is the initial cost, P is the present worth, i is the interest rate, and n is the number of years. In this case, A is $400, i is 4%, and n is 4 years. We need to solve for P.
First, we can calculate (A/P, i%, n) using the formula for present worth factor (PWF) from slide 41:
PWF = 1 / (1 + i%)^n
PWF = 1 / (1 + 4%)^4 = 0.8494
Then, we can plug in the values and solve for P:
EUAC = 400 + (400/0.8494) * 0.04 = $523.72
Therefore, the equivalent annual cost of the vendor's proposed payment program is $523.72.
Comparing this to the equivalent annual maintenance cost calculated in question #1, which was $400 + $600 + $800 = $1,800 over 3 years, or $600 per year, we can see that the vendor's proposal is not more beneficial for Prescott. The proposed payment program has an equivalent annual cost of $523.72, which is higher than the calculated annual maintenance cost of $600. Therefore, the City Manager should stick with the original maintenance cost plan.
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Which situation is an example of e-commerce?
A.
Sara enjoys shopping from the comfort of her home.
B.
Jeanne ensures that she closes a sale before she ends her sales call.
C.
Josh never misses an opportunity to grow his business network.
D.
Tim prefers to visit several stores before making a purchase.
Answer:
=> A is an example of e-commerce .
=> A.Sara enjoys shopping from the comfort of her home.
Explanation:
=> E-commerce is the process of selling and buying goods and product over internet .
When managing in a unionized environment, managers need to remember two words. Bilateral and.
When someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.
In a unionized work-environment, the employers must be enter an individual contracts with the employees since union is the bargaining agent for them.
In a unionized work-environment, the employees who are members of a union enjoys greater job security than the nonunion workers.Hence, when someone manages in a unionized environment, they need to always remember the words including Bilateral and Proactive.
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Which of the following indicates that the assessment of one employee is affecting the ability to be objective when rating another employee? A) Halo error B) Recency error C) 360 degree feedback D) Judgmental methods E) Fixed standards
The answer that demonstrates how one employee's evaluation affects one's ability to rate another employee objectively is A) Halo mistake.
Halo mistake happens when a rater's general opinion of an employee—whether it's favourable or unfavorable—influences how they rate that employee's performance along particular dimensions. This might result in a halo effect when the rater regularly evaluates the other employee higher or worse based on their predetermined notion if the evaluation of one employee is influencing the rater's view or prejudice. This mistake precludes the rater from giving an accurate and objective assessment of the person's performance relative to particular criteria. The halo error impairs the rating process's objectivity and impartiality.
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How do you write an effective policy memo?
To write an effective policy memo, Identifying the purpose and audience, Providing a clear and concise summary, Providing background information, Presenting your recommendations and Providing a conclusion is very important.
Identify the purpose and audience: Before you begin writing, you need to identify the purpose of the memo and the audience you are writing for. This will help you tailor your message appropriately and ensure that you are addressing the right peopleProvide a clear and concise summary: Start with a clear and concise summary that outlines the main points of the memo. This should be no more than a few sentences and should provide the reader with a quick overview of what they can expect to read in the memo.Provide background information: In order to provide context and help the reader understand the issue at hand, you should provide some background information on the topic. This can include relevant statistics, historical information, and other relevant data that will help the reader understand the issue.Present your recommendations: After providing background information, you should present your recommendations. These should be clear and specific and should be based on your analysis of the issue at hand.Provide supporting evidence: In order to convince the reader that your recommendations are sound, you should provide supporting evidence. This can include data, case studies, and other relevant information that supports your argument.Address potential objections: Anticipate potential objections to your recommendations and address them in the memo. This will help you build credibility and demonstrate that you have considered all angles of the issue.Provide a conclusion: End the memo with a clear and concise conclusion that summarizes your main points and reiterates your recommendations.Use clear and concise language: Finally, it is important to use clear and concise language throughout the memo. This will make it easier for the reader to understand your message and will help you convey your ideas more effectively.For more such questions on memo
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Businesses get paid for the value it delivers through its business model. True or False?
True. Businesses get paid for the value they deliver through their business model.
The business model is the blueprint that outlines how a company creates, delivers, and captures value. It defines how a business generates revenue by providing products or services that fulfill customer needs and solve their problems. When a business effectively delivers value to its customers, it can charge a price that reflects that value. This allows the business to generate revenue and sustain its operations.
In conclusion, businesses do get paid for the value they deliver through their business model.
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The first step in human resource planning is to create a job analysis. establish a strategic plan. assess future human resource demand. create an inventory of the organization's employees.
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The answer will be assess future human resource demand. Why? Well, let's consider all the options given. For Human Resource (HR) planning we cannot straight away jump to creating a job analysis without deciding on one job & how much it's worth or important in the future. The second option is to create or establish a strategic plan. That too won't work without knowing which occupation is needed more in the future. 4th -> create an inventory of the organization's employees. Well, that's a no-no, we need to find a future-needy job before selecting the people. So, the 3rd option is the most appropriate answer.
___________
Hope it helps.
RainbowSalt2222
Amy has a comparative advantage in the production of ___________, and jim has a comparative advantage in the production of _____________.
Amy has a comparative advantage in the production of houses, and Jim has a comparative advantage in the production of cheese.
The concepts of comparative advantage and opportunity cost are significant in answering this question. someone has a comparative advantage over another character if they can perform an economic interest greater efficaciously than the alternative person or at a lower possibility value. An opportunity price is a foregone benefit due to pursuing one opportunity over the opposite.
If Amy chooses to produce the best cheese, she would give up building and promoting 20 homes. Amy's possibility fee of manufacturing one pound of cheese is 0.004 units of a residence whereas the opportunity price of manufacturing one house is 250 pounds of cheese.
If Jim chooses to provide the handiest cheese, he could give up constructing and promoting 10 houses. Jim's possibility price of producing one pound of cheese is 0.002 units of a residence while the possibility fee of manufacturing one house is 500 pounds of cheese.
For the reason that Amy has a higher possibility value in generating homes and Jim has a higher possibility value in generating cheese, it is able to be inferred that: Amy has a comparative advantage in generating houses due to the fact her opportunity price is lower and Jim has a comparative advantage in producing cheese due to the fact his possibility value is lower.
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what is one of the most important components of a token economy?
One of the most important components of a token economy is reinforcement.
Reinforcement is the use of rewards to increase the likelihood that a person or animal will repeat desired behaviors. In a token economy, this can involve rewarding a person with tokens (e.g., stickers, points, or money) for exhibiting a desired behavior. Tokens can then be exchanged for a tangible item, such as a snack or toy, or for a privilege, such as extra free time or access to an activity.
Reinforcement is an effective way to motivate people to engage in desired behaviors and to maintain desired behaviors over time. Reinforcement works best when it is used consistently, when the rewards are meaningful to the individual, and when the reinforcement is delivered promptly. When used correctly, reinforcement can be a powerful tool in a token economy system.
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In testing inventory at an audit client in the retail industry, you note that some of the inventory is contracted to be held on consignment. As a result, which financial statement assertion is now relevant ?
a. Rights and obligations.
b. Completeness.
c. Existence or occurrence.
d. Valuation or allocation.
When inventory is tested with audit customers in the retail industry, we find that some of the inventory is contractually consigned. This means that a) rights and obligations settlement enforcement is now relevant as well.
Rights and obligations are the basic statements used in the preparation of financial statements to show that an organization has ownership over its stated assets and is obligated to pay its stated liabilities. For example, you can demand the right to have children or the right to make decisions about your children's education. An attendant duty is to properly educate them as good citizens, introduce them to the culture of their society, and teach them right and wrong. A right is what you want others to do to you, and a duty is what you ought to do for others.
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According to Jeffrey Harper, why is market research important?
A Without research data to base decisions on, marketers are just guessing
B By researching, people know marketers care about them
C Data generated by research can be sold to make extra money
D Research is fun, easy and cheap so even if nothing is learned, the experience is good
Answer: The correct answer is A i.e. Without research data to base decisions on , marketers are just guessing .
Explanation: Market research involves gathering data to learn more about target demographics and consumers so a business can market itself more effectively and, ultimately, succeed in the market.
Harper is an assistant professor of practice in the area of marketing & supply chain. According to him research plays a very important role , without doing proper or required research marketers are just assuming which might prove to be very dangerous in future .
A trait is a character quality. True or False
Answer:
true
Explanation:
Written evidence of the ownership of a piece of property
a
b
Non-verbal contract
Loan Sharking
Deed
c
d
Sublet
Answer:
Deed
Explanation:
A deed, when duly signed, is a written legal document that confers some property rights to the holder. A signed deed facilitates the transfer of property ownership to the new owner. The deed is written evidence that the signed holder has an interest or right to the property stated in the deed document.
The deed has to be entered into the public records; otherwise, ownership of the property will be vulnerable.
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‘If money didn’t exist then I would have to hope that the person selling the item I
wanted to buy also wanted to buy an item I had for sale.’
Which function of money does the above statement relate to?
A Medium of exchange
B Means of deferred payment
C Store of value
D Unit of account
Answer: Medium of exchange
Explanation:
The above scenario in the question explains the function of "medium of exchange". Medium of exchange is when money can be used as a form of exchange when we buy goods.
Means of defered payment simply means ones ability to pay later. Store of value means money can be stored to create wealth and unit of account means means everything we purchase is in monetary terms.
Based on the explanation above, the answer is A.
I’LL GIVE 100 POINTS!!
PLZ HELP NEED ANSWERS WITHIN 24 HOURS!!!
UNIT 5
Critical Thinking Questions
Please complete the following questions. Use a word processor to complete your work. Remember to use complete sentences and include both the questions and answers when you submit your work.
Submit your work as a file attachment using the dropbox.
The answers to the Critical Thinking Questions are worth 10 points.
1. Why do professional and ethical standards exist in marketing? Analyze and explain what these standards are and how they impact marketing in business.
2. What role do ethics play in the workplace? Identify and describe several scenarios that illustrate and help to explain the significance of ethics in the workplace.
Answer:
The principle of professionalism is a standard of personal conduct by a professional in his business dealings. While guidelines for acceptable and expected behavior vary from industry to industry, personal principles typically focus on ethics, code of conduct, appropriate personal interactions and workplace integrity.
Explanation:
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QUESTION 16
A Pigovian subsidy that gets the socially optimal quantity of students to achieve education will be equal to:
O The distance between Pefficient and P* at Qefficient
The distance between Pefficient and P" at Q
O The distance between Pefficient and the Price on the Private Benefit curve at Q*
O The distance between Pefficient and the Price on the Private Benefit curve at Qefficient.
A Pigovian subsidy that gets the socially optimal quantity of students to achieve education will be equal to D: "The distance between Pefficient and the Price on the Private Benefit curve at Qefficient."
What is the Pigovian subsidy?A Pigovian subsidy is a government intervention aimed at reducing negative externalities, such as pollution or overuse of finite resources. In the context of education, a Pigovian subsidy would be used to encourage individuals to achieve the socially optimal level of education.
In this case, the socially optimal level of education would be represented by the quantity Qefficient. Pefficient is the price of education that would result in Qefficient without government intervention. The difference between Pefficient and the price on the private benefit curve at Qefficient represents the cost of the negative externality that the subsidy would address. This difference would be equal to the Pigovian subsidy.
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The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco
Answer:
Monthly
Explanation:
The key idea that workers should be treated as assets was introduced by.
Peter Drucker, the management guru, in his Practice of Management, introduced the key idea that workers should be treated as company assets and not liabilities.
Who is Peter Drucker?
Peter Drucker is the inventor and creator of modern management practices. He is famed for asserting that workers are corporate assets and should be treated as such.
Peter Drucker's other assertions:
The corporation is a human community.
There is “no business without a customer.”
Institutionalized management practices should be preferred to charismatic cult leaders.
Thus, the key idea that workers should be regarded as assets of the company was introduced by Peter Drucker.
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Isa bought goods on credit from Ammar. The goods had a list price of $1000 but Ammar allowed Isa trade discount of 10% and cash discount of 4%.
How much did Isa have to pay Ammar?
Answer:
$600 correct me if im wrong
Your friend Demetrius just got his first job and examines his paycheck. You hear him say, “Woah! I thought my paycheck was going to be a lot more! Why is all this money being taken out in federal income taxes?” How do you answer him?
The answer to Demetrius about the deductions of federal income tax from his paycheck would be that The government utilizes this tax money to provide public services and commodities for the good of the entire community.
Businesses transmit the tax money they withhold to both the federal government and, in many circumstances, the state government.
What are taxes and what other sorts are there?Taxes are imposed on tangible property, including real estate and business dealings like stock sales or house purchases. Taxes exist in a variety of forms, including income, corporation, capital gains, property, inheritance, and sales taxes.
Why is it important?Taxes are essential because governments utilize the money they raise from them to fund social programmes. Government assistance to the healthcare industry would not be feasible without taxes.
Taxes are used to pay for health services such social healthcare, medical research, social security, etc.
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When a binding price ceiling is imposed on a market to benefit buyers?a. no buyers actually benefit
b. some buyers benefit but no buyers are harmed
c. some buyers benefit and some buyers are harmed
d. all buyers benefit
c. Some buyers benefit and some buyers are harmed. When a binding price ceiling is imposed on a market, it sets a legal maximum price for a good or service.
Some customers may benefit from this since it enables them to pay less for the product or service than they otherwise would have had to. The implementation of a price cap, however, may also be harmful. Supply limitations could result from suppliers' reluctance to manufacture or offer the commodity or service at the reduced cost. As a result, even at the decreased price, some customers might not be able to acquire the product or service. In conclusion, while a legally enforceable price cap may benefit some consumers, it may also hurt others and have unforeseen effects like shortages and decreased quality.
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A refrigerator of width w and height h rests on a rough incline as in Figure P8. 25 (page 268). Find an expression for the maximum value theta can have before the refrigerator tips over. Note, the contact point between the refrigerator and incline shifts as theta increases and treat the refrigerator as a uniform box
By comparing the torque caused by the weight to the torque caused by the frictional force, the maximum angle at which a refrigerator will topple over on an inclined surface may be calculated.
The forces operating on the refrigerator must be taken into consideration to calculate the maximum angle theta at which a refrigerator will topple over on an inclined surface. As the angle of inclination rises, the weight of the refrigerator will produce a torque near the point of contact with the slope.
The frictional force acting on the refrigerator, which opposes the weight torque, must balance this torque. The maximum value of theta may be calculated by equating these two torques. This equation will depend on the refrigerator's weight, coefficients of friction, and size.
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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home
Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.
Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.
Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.
Hence, the correct options are "A, B & C".
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brenda purchases stock and plans to hold on to it for a number of years. she could be considered to be using a
Brenda, who purchases inventory and plans to maintain onto it for some of years, could be taken into consideration to be using a buy-and-hold investment strategy.
This method involves shopping shares with the aim of conserving onto them for an extended period, usually numerous years or greater, instead of actively shopping for and selling stocks in an try to capitalize on short-time period market fluctuations.
Purchase-and-maintain investors are regularly centered on lengthy-term growth and earnings generation, instead of brief-time period gains, and are willing to tolerate market volatility on the way to acquire their goals. This method calls for endurance, area, and a long-time period angle, and may be a a success method for buyers who are able to become aware of businesses with robust growth potential.
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Identify the examples of hobbies. Check all that apply.
Neal likes to paint pictures in his free time.
Sidney wants to take a literature class.
Janie works far from her home, and spends most of her day commuting.
Verna dislikes giving speeches, and attends a workshop to improve her public-speaking skills.
Willard plays on a community baseball team.
Adrienne likes to watch movies.
Answer:
Neal
Willard
Adrienne
Answer:
Neal likes to paint pictures in his free time.
Willard plays on a community baseball team.
Adrienne likes to watch movies.
This is the answers with full sentences.
complete the diagram of the circular of the economy. Some answers are listed twice on purpose
Answer:
dude there is no diagram or picture
Select choices which are true about Average Fixed Costs. (Select all that apply.) a. Total Fixed Cost divided by Quantity b. (change in Total Cost) divided by (change in Quantity) c. always vertical d. Average Total Cost minus Average Variable Cost e. always horizontal f. always decreases as Quantity increases
The choices which are true about Average Fixed Costs are a, c, e, and f.
correct choices that are true about Average Fixed Costs are:
a. Total Fixed Cost divided by Quantity: Average Fixed Costs (AFC) are calculated by dividing the Total Fixed Cost (TFC) by the Quantity of output produced. This is the correct formula to calculate AFC, and it represents the fixed cost per unit of output.
c. Always vertical: AFC is always represented by a vertical line on a graph, as it remains constant regardless of the level of output. This is because fixed costs do not change with changes in quantity.
e. Always horizontal: AFC remains constant and does not change with changes in quantity, which means that the AFC curve is always a horizontal line on a graph.
f. Always decreases as Quantity increases: This statement is true. Since AFC remains constant while the quantity of output increases, the AFC per unit of output decreases. This is because the fixed costs are spread over a larger quantity of output, resulting in a decrease in AFC as quantity increases.
So, the correct choices that are true about Average Fixed Costs are a, c, e, and f.
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What does GOP mean in America?
A large party One of the two major political parties in the United States, together with the Democratic Party, is the Republican Party, also known as the Grand Old Party (GOP).
The Republican Party opposed the expansion of slavery into the nation's new territories during the 19th century and finally advocated for the outright abolition of slavery. The party became known for its laissez-faire capitalism, low taxation, and conservative social programs during the 20th and 21st centuries. In the 1870s, the party adopted the acronym GOP, which is frequently pronounced "Grand Old Party." The elephant that serves as the party's official symbol was taken from a Thomas Nast cartoon that was created in the 1870s.
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In which order should the components of a balance sheet be reported?
O A. liabilities, owner's equity, assets
B. assets, owner's equity, liabilities
C. owner's equity, liabilities, assets
D. assets, liabilities, owner's equity
Answer:
D. assets, liabilities, owner's equity
Explanation:
The balance sheet is prepared following the order of the accounting equation; assets are equal to liabilities plus equity. It means assets will come first, followed by liabilities. Owners' equity will be last.
Assets and liabilities are listed in the order of their liquidity. Current assets will be on top on the assets side, while current liabilities will top liabilities side.
Which type of business organisation is the most suitable for a large electronics
manufacturer?
A. partnership
B. private limited company
C. public limited company
D. sole trader
Answer:
C. public limited company
Explanation:
A public limited company is a business ownership structure that provides a legal distinction between the business and its owners. The company is a legal person with the right to do business, acquire assets or incur liabilities. Unlike a private limited company, public limited company shares trade with ease at the stock exchange.
Due to their listing in the stock exchange, public limited companies can raise capital with much ease. The corporation only needs to comply with the regulation of the stock market to raise more finances. Public limited compies are suited for large organizations that require huge capital to finance their operations and expansions.
A company determines that the number of units of a product demanded is: q=300-15√p for 0 SPS 400 units when the price is p dollars per a) Find & simplify a formula for the product's price elasticity of demand. b) Determine elasticity of demand at a price of $64. Is demand elastic or inelastic at this price? c) Find, algebraically, the price in which the product is unit elastic.
This equation has no solution, which means there is no specific price at which the product has unit elasticity.
What is the formula for calculating the present value of a future cash flow?The formula for the price elasticity of demand (PED) is given by:
PED = (% change in quantity demanded) / (% change in price)To determine the elasticity of demand at a price of $64, we need to calculate the percentage change in quantity demanded and the percentage change in price. Since we are given the demand function q = 300 - 15√p, we can calculate the derivative of q with respect to p to find the rate of change:
dq/dp = -7.5 / √pNow, we can substitute the given price of $64 into the derivative:
dq/dp = -7.5 / √64 = -7.5 / 8 = -0.9375Since we are looking for the elasticity of demand, we need to consider the absolute value of the derivative:
|dq/dp| = |-0.9375| = 0.9375The demand is elastic if |dq/dp| > 1 and inelastic if |dq/dp| < 1. In this case, |dq/dp| = 0.9375, which is less than 1. Therefore, the demand is inelastic at a price of $64.
To find the price at which the product is unit elastic, we need to find the price at which the price elasticity of demand (PED) equals
Using the demand function q = 300 - 15√p, we can set the PED formula equal to 1 and solve for the price p:
1 = (% change in quantity demanded) / (% change in price)1 = (-7.5 / √p) / (dq/dp)1 = (-7.5 / √p) / (-15 / √p)1 = 0.5Simplifying the equation, we find:
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