When conducting a relative cost analysis of the value chain, managers should: focus on the total cost differences their firm has relative to its competitors. The correct option is A.
This approach allows managers to understand their competitive position in the market and identify areas where they can achieve cost advantages or need improvement.
To perform this analysis, managers should follow these steps:1. Identify the primary and secondary activities in the value chain: This includes activities such as procurement, production, marketing, distribution, and customer service. Understanding these activities helps managers identify where costs are incurred and where improvements can be made.
2. Obtain cost information: Managers should gather information about their own firm's costs and, if possible, their competitors' costs for comparison. This can be done through market research, benchmarking, or financial analysis.
3. Analyze cost differences: By comparing their firm's costs with those of competitors, managers can identify areas where their company has a cost advantage or disadvantage. This can help them prioritize areas for improvement or investment.
4. Examine individual activities: While focusing on the total cost differences is essential, it's also important to examine the differences in individual activities. This will help managers pinpoint specific areas within the value chain where improvements can be made or where they already have a competitive advantage.
5. Focus on willingness to pay: In addition to cost analysis, managers should also consider the customer's willingness to pay for the product or service. This can help them determine the appropriate pricing strategy and potential areas for differentiation.
By following these steps, managers can effectively conduct a relative cost analysis of the value chain, which will help them identify competitive advantages and areas for improvement, ultimately leading to increased profitability and market success.
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What do bonded wearhouses require?
Bonded warehouses, also known as customs warehouses, are facilities that store imported goods before they are cleared by customs and released into the domestic market. These warehouses are regulated by customs authorities and require specific requirements.
Here are some common requirements for bonded warehouses:
Licensing and Approval: Bonded warehouses typically require a license or approval from the relevant customs authority. The warehouse operator must comply with specific regulations and standards set by the customs authority to operate a bonded warehouse legally.
Customs Supervision: Bonded warehouses must operate under the supervision and control of customs authorities. Customs officers have the right to access and inspect the goods stored in the warehouse to ensure compliance with import/export regulations, duty payments, and proper documentation.
Security Measures: Bonded warehouses must have adequate security measures in place to protect the stored goods. This may include physical security systems, such as surveillance cameras, alarms, and restricted access controls, to prevent theft, tampering, or unauthorized access.
Record-Keeping: Accurate and detailed record-keeping is essential for bonded warehouses. They must maintain comprehensive records of all goods received, stored, and released from the warehouse. These records should include information such as the description of goods, quantities, values, import/export documents, and customs clearance details.
Customs Duties and Taxes: Goods stored in bonded warehouses are subject to customs duties and taxes. The warehouse operator is responsible for ensuring that the appropriate duties and taxes are paid before the goods are released from the warehouse.
Time Limits: Bonded warehouses usually have time limits for storing goods. After a certain period, if the goods remain unclaimed or the necessary customs procedures are not completed, the customs authorities may take action to dispose of the goods.
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what is meant by business
Answer:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities.
What is TRUE about employability skills? A. They are all practical capabilities, like the ability to type. B. They generally stay the same from decade to decade. C. They do not involve human skills or digital fluency. D. They include any abilities you need to succeed at work.
The correct statement about employability skills is D) They include any abilities you need to succeed at work.
Employability skills are the skills, knowledge, and personal attributes that are essential for success in the workplace. They are the abilities that make a person employable and valuable to an employer. Here are some important points to understand about employability skills:
1. They are practical capabilities: Employability skills encompass a wide range of practical capabilities that are necessary to perform tasks and responsibilities in the workplace.
These skills include technical skills, such as the ability to type, but they also go beyond that.
2. They are not static: Employability skills can change and evolve over time due to advancements in technology, changes in industry demands, and evolving work environments.
Therefore, it is important for individuals to continuously develop and update their employability skills to stay relevant in the job market.
3. They involve human skills and digital fluency: Employability skills encompass both human skills, also known as soft skills, and digital fluency.
Soft skills include communication, teamwork, problem-solving, adaptability, and critical thinking. Digital fluency refers to the ability to effectively use technology and navigate digital platforms.
4. They are essential for success at work: Employability skills are crucial for succeeding in the workplace.
Employers look for candidates who possess these skills as they contribute to productivity, teamwork, and overall job performance.
Examples of employability skills include leadership, time management, customer service, and decision-making.
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Which of the following is one of the seven steps organizations go through when considering a major training initiative?
A. Acquire resources
B. Hire employees
C. Review regulations
Answer:
A. Acquire resources
Explanation:
The following is one of the seven steps organizations go through when considering a major training initiative is to acquire resources. The correct option is a.
What are resources?Resources refers to all the materials available in our environment which are technologically accessible, economically feasible and culturally sustainable and help us to satisfy our needs and wants. Resources can broadly be classified upon their availability — they are classified into renewable and non-renewable resources.
They can also be classified as actual and potential on the basis of the level of development and use, on the basis of origin they can be classified as biotic and abiotic, and on the basis of their distribution, as ubiquitous and localised. An item becomes a resource with time and developing technology. The benefits of resource utilization may include increased wealth, proper functioning of a system, or enhanced well-being.
From a human perspective, a natural resource is anything obtained from the environment to satisfy human needs and wants.
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As an intern at a mid-sized company, you have been asked to submit ideas for improving meetings. You will be participating in a seminar on improving meeting efficiency. You will need to do the following:
Prepare a procedure memo outlining five to ten suggestions for conducting effective meetings.
Address your message to District Supervisor Noah Burgess, who requested these memos from all interns prior to the seminar.
You may have to conduct a little research on how to conduct effective meetings.
Don't forget to use your tools for making your memo easier to read.
A procedure memo outlining five to ten suggestions for conducting effective meetings is as follows:
Dear District Supervisor Noah Burgess,
Subject: Suggestions for Conducting Effective Meetings
I hope this email finds you well. As an intern at our mid-sized company, I have been tasked with submitting ideas for improving meetings. After conducting research on how to conduct effective meetings, I have compiled a list of five suggestions that I believe will enhance meeting efficiency:
1. Set Clear Objectives: Clearly define the purpose of each meeting to ensure participants stay focused and understand the desired outcomes.
2. Prepare an Agenda: Create a detailed agenda that outlines the topics to be discussed and the allotted time for each. This helps keep the meeting on track and ensures that all necessary points are covered.
3. Encourage Active Participation: Foster an inclusive environment by encouraging all attendees to actively contribute their ideas and opinions. This can be achieved by incorporating interactive activities or assigning specific tasks to individuals.
4. Limit Meeting Duration: Keep meetings concise and avoid unnecessary tangents. Set a strict time limit for each agenda item and strive to finish within the allocated time.
5. Follow-Up and Action Plan: Conclude each meeting with a summary of decisions made and action points assigned to specific individuals. This ensures accountability and facilitates progress between meetings.
I hope these suggestions prove helpful in improving meeting efficiency. If you have any further questions or need additional information, please feel free to reach out to me. Thank you for your attention to this matter.
Best regards,
[Your Name]
Intern at [Mid-sized Company]
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A party can be discharged from a contract. Name eight ways thata party can be discharged.
A party can be discharged from a contract by impossibility of performance, breach of contract, rescission, frustration of purpose, operation of law and illegality.
1. Performance: The parties fulfill all the terms and conditions of the contract, and the contract comes to an end. A party is discharged from a contract when they have fully performed their contractual obligations.
2. Mutual agreement: Both parties agree to end the contract by mutual consent. Both parties may mutually agree to terminate the contract, thereby discharging their obligations.
3. Impossibility of performance: The performance of the contract becomes impossible due to unforeseeable events, such as war, natural disasters, or death of the parties involved.
4. Breach of contract: A party breaches the contract, and the non-breaching party can choose to terminate the contract. If one party breaches the contract, the other party can be discharged from their obligations.
5. Rescission: One party can request the court to rescind or cancel the contract due to misrepresentation, fraud, or mistake.
6. Frustration of purpose: The objective of the contract becomes meaningless due to unforeseeable events, such as a change in law or regulation.
7. Operation of law: The contract becomes illegal due to a change in the law, or the contract is declared void by the court. A party can be discharged by operation of law, such as bankruptcy, which makes it impossible for the party to fulfill their contractual obligations.
8. Illegality: If the subject matter of the contract becomes illegal or the contract itself is found to be against public policy, a party can be discharged from the contract.
By understanding these eight ways, you can better navigate the circumstances that may lead to a party being discharged from their contractual obligations.
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If your mom knew that Publix was going to have a big sale on chicken breast next week then her demand for chicken would________________
Increase
Decrease
No Change
According to the order of operations in solving equations, which step should come first?
The order of operations indicates a common set of rules for calculations. According to the order of operations, simplification of inner brackets and parentheses should come first if the equation contains symbolic groupings.
The order of operations is a rule that specifies the correct steps for evaluating mathematical expressions. PEMDAS helps you remember the order: parentheses, exponents, multiplication, and division (from left to right), addition, and subtraction (from left to right). Created by Sal Khan.
Explain to students that you have created a series of steps called an Operational Sequence. When simplifying, first do all bracket expressions, then all exponents, then all multiplications and divisions from left to right, and finally all additions and subtractions from left Run right.
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john had a lot of medical bills over the course of a year. his total bill was 5600. his insurance company would not post any of his bill until he paid 500. this is called a
Until he paid 500, his insurer would not publish any of his bill. It is known as a deductible.
The term "deductible" means what exactly?The deductible in an insurance contract is the sum that must be paid out of cash by the policyholder before the insurance company will cover any costs.
In common parlance, the term "deductible" may be used to refer to any one of a number of clause types that insurance firms employ to establish a payment threshold for policies.
The deductible is the sum that a policyholder must pay out of pocket before the insurance provider begins to make payments. In other terms, the insurance provider is only required to pay a claim when the amount is greater than the deductible.
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As Lily files her taxes, she learns that her federal total tax due ends up being $206. According to her Federal income tax withheld, how much of a tax refund can she expect back?
The tax refund that Lily can expect to get back from the tax authorities will be $15.80.
What is a tax?A tax simply means the compulsory levy that's paid by the people and companies to the government.
In this case, the tax refund that Lily can expect back will be:
= 7.65% × $206
= $15.80
In conclusion, the correct option is $15.80.
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Finance and Budgeting: Mastery Test
Drag each label to the correct location on the image.
Carl wants to purchase a local soccer franchise. Classify the sources of finance for this new business.
angel investor
government
issued a $1,000 security that can be
converted to 100 shares after 5 years.
granted tax incentives for stadium
improvements
sanctioned a long-term loan in exchange
for collateral
buy 10% of the company in exchange
for cash
impressed with the business plan,
Mr. Doyle provided $75,000.
secured $100,000 from the sale of
common stock.
Reset
Next
banks equity
convertible bond
venture capitalist
The correct answer Finance and Budgeting statement issued a $1,000 security Granted tax incentives improvements - impressed with business plan, Mr. Doyle provided $75,000 secured $100,000 from sale of stock.
What is convertible bond?An interest-bearing fixed-income corporate debt asset known as a convertible bond has the option of being converted into a certain number of shares of common stock or equity. During the bond's term, the conversion from bond to stock is possible at specific times and is often at the bondholder's option. A convertible bond's price is particularly sensitive to changes in interest rates, the value of the underlying stock, and the issuer's credit rating because it is a hybrid product. For businesses, convertible bonds offer flexible funding options. A convertible bond gives investors access to a hybrid instrument that includes the benefits of both a bond and a stock, including interest payments. The number of shares of stock you may obtain by converting one bond in this bond depends on its conversion ratio. A 5:1 conversion ratio, for instance, indicates that one bond would equal five shares of common stock.
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Suppose the own price elasticity of market demand for retail gasoline is -0.9, the Rothschild index is 0.6, and a typical gasoline retailer enjoys sales of $1,450,000 annually. What is the price elasticity of demand for a representative gasoline retailer's product?
Answer:
-1.5
Explanation:
Given the following :
Rothschild index = 0.6
Elasticity of demand for total market = - 0.9
Annual sale = $1,450,000
Elasticity of demand for a representative retailer's product :
Using the Rothschild demand Elasticity relation:
Rothschild index = (Elasticity of demand for total market / Elasticity of demand for a representative retailer's product
0.6 = - 0.9 / Elasticity of demand for a representative retailer's product
Elasticity of demand for a representative retailer's product = - 0.9 / 0.6
= - 1.5
an incident response report discovers a virus that was introduced through a remote host connected to corporate resources
Network access control( NAC) software allows druggies to apply programs that control access to commercial structure. To qualify for addition in the Network Access Control order, a product must
Allow druggies to apply programs for controlling access to their business's structure.
Enable druggies to cover their data from implicit outside attacks.
Allow druggies to control access to their information from a central point.
Why is NAC demanded?
NAC tools descry all bias on the network and give visibility into those bias. NAC software prevents unauthorized druggies from entering the network and enforces programs on endpoints to insure bias misbehave with network security programs.
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Exercise Two: (9 Points) Mr. Parker, the owner of DEXI Catering, opened his business on July 1, 20XX. During the month of July, the following events occurred. July 5 Catered a $4,000 food event on account. The cost of the food served was $1,600. Date Account Title and Explanation Debit Credit July 5 (Catered a food event on account) July 5 (To record the cost food) July 10 Mr. Parker withdrew $1,500 cash from the business for personal use.
Date
July 10
Account Title and Explanation
July 15 Paid the amount due for the purchase of supplies.
Date
Account Title and Explanation
Debit
Credit
July 20 July 31 Paid salaries of $2,500 Date Account Title and Explanation Debit Credit July 31
The answer to Exercise Two is to record the events that occurred during the month of July for Mr. Parker's catering business.
1. July 5: Mr. Parker catered a food event on account worth $4,000. To record this event, we would debit Accounts Receivable (or the customer's name) for $4,000 and credit Sales for the same amount. This shows that Mr. Parker provided the catering service but hasn't received the payment yet.
2. Also on July 5, we need to record the cost of the food served, which was $1,600. We would debit the Cost of Goods Sold account for $1,600 and credit Inventory for the same amount. This reflects the expenses incurred in providing the catering service.
3. July 10: Mr. Parker withdrew $1,500 cash from the business for personal use. To record this, we would debit Owner's Drawings for $1,500 and credit Cash for the same amount. This shows that the owner took money out of the business for personal use.
4. July 15: Mr. Parker paid the amount due for the purchase of supplies. We would debit Accounts Payable (or the supplier's name) for the amount paid and credit Cash for the same amount. This shows that Mr. Parker settled the outstanding payment for the supplies.
5. July 20 and July 31: Mr. Parker paid salaries of $2,500. We would debit Salaries Expense for $2,500 and credit Cash for the same amount. This reflects the expense incurred in paying employee salaries.
In summary, the main answer to Exercise Two involves recording the events that occurred during July for Mr. Parker's catering business. These events include catering a food event on account, recording the cost of the food served, the owner's withdrawal of cash, payment for supplies, and payment of salaries.
The events in Mr. Parker's catering business for the month of July. It explains the specific accounts to be debited and credited for each event, giving a clear understanding of the accounting entries that need to be made. By following these steps, Mr. Parker can accurately keep track of his business's financial transactions.
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A _____ is a document that outlines specific information about your proposed business, including product, location, and marketing information. A. Financial plan b. Franchise agreement c. Partnership contract d. Business plan.
Answer:
D
Explanation:
Answer:
the answer will be d
Explanation:
because the laws of newtons explains that 2+2+4 so wheni multiply the 3 bermuda triangles i get the answer of 5,350 meaning that when you get a question asked about A _____ is a document that outlines specific information about your proposed business, including product, location, and marketing information.
a.
financial plan
b.
franchise agreement
c.
partnership contract
d.
business plan
your answer will be d
capital rationing. suppose you have the following investment opportunities, but only $90,000 available for investment. which projects should you take?
There are several investment opportunities available, but only $90,000 is available for investment. Therefore, you must decide which projects to take on based on their respective costs and expected returns.
Capital rationing is the process of limiting the amount of funds that are allocated to investment opportunities due to the limited availability of capital. This can be due to a variety of reasons, such as limited resources or budget constraints. To determine which projects to take, you should start by analyzing each investment opportunity. You should consider the initial investment required, the expected cash flows, and the estimated payback period. You should also consider any additional factors that may impact the investment, such as market conditions or the competitive landscape.
Once you have analyzed each investment opportunity, you should rank them in order of their expected returns. You can then allocate your available capital to the projects with the highest expected returns until you reach your budget of $90,000.
It is important to note that in some cases, it may be more beneficial to invest in one larger project rather than multiple smaller projects. This is because larger projects may offer a greater return on investment and may be less risky than smaller projects.
In summary, when faced with capital rationing, it is important to carefully analyze each investment opportunity and prioritize projects based on their expected returns. While it may be tempting to invest in multiple projects, it is important to remember that investing in one larger project may be more beneficial in the long run.
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ECONOMICS CHAPTER 2 SECTION 3
explain the relationship between the terms in each of these pairs
A. Private property rights and market
B. laissez-faire and capitalism
C. Specialization and profit
D. Factor market and product market
ECONOMICS CHAPTER 2 SECTION 3
Private property rights and market is in which people buy and sell resources or goods and services.
Private property rights are the rights of individuals and groups to own property and the market is any place or situation in which people buy and sell resources and goods and services.
Laissez-faire and capitalism-The relation-ship between laissez-faire and capitalism is laissez-faire is an economic philosophy of free-market capitalism that opposes government intervention.
Specialization and profit- The relation-ship between specialization and profit is the companies specialize in making one product or one component of a product, if this product will make at large scale, companies reduces it's cost to earn profit.
Factor market and product market- The relation-ship between Factor market and product market is the factor market is running by the demand of product market. The product market is sold their goods and services with the demand of factor market to production these goods and services.
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A negative balance in the current account means that
a trade deficit definitely exists.
a trade surplus definitely exists.
the total amount of goods, services, and transfer payments flowing out of the economy is more than the total amount flowing in.
more is being spent on domestic goods than foreign goods.
the capital account is negative.
A positive current account indicates that the nation is a net exporter of goods and services, whereas a negative current account indicates that the country is a net importer of goods and services.
What is negative balance in the current account?
Whether positive or negative, a country's current account balance will be equal to but the opposite of its capital account balance. The current account (CA) and the capital and financial account are the two components that make up the BOP. A transaction is recorded in the capital and financial account if it generates an obligation, such as selling a bond to another nation. Yet, if a transaction doesn't result in a liability (such as the expensive red automobiles), it is recorded in the current account.
Each occurrence in one account is balanced out by the opposing occurrence in the other account. For instance, the capital and financial account must fall by $100$100dollar sign, 100 if the current account grows by $100$100dollar sign, 100. The mathematical identity is established because an entry in the current account is cancelled out by an entry in the capital and finance account.
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how much oil does the us produce per day
Answer:
about 18.662 million barrels per day
Explanation:
a. How many more people were working in agri-
cultural jobs in the traditional economy than in
the market economy?
In the traditional economy there were hundreds more people working than in the market economy
The market economy is an economic term characterized by:
A system of economic relations based on sale and exchangeThe state does not play a decisive role and in which decisions are made by each economic entity independentlyA market economy is characterized by private propertyOn the other hand, the traditional economy is characterized by:
They are based on traditional economic activities such as agriculture and harvestingFocuses on survivalHas a reduced economic surplusAccording to the above, in a traditional economic system, more people are working in agriculture than in the market economy because the market economy is based on industrial production and exchange.
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19. The occupational crowding model of discrimination predicts a. why men, in some cases, earn less than women. b. that firms will compete with one another for the best employee and that discrimination will be eliminated. c. that, unless the government gets involved, discrimination will become more severe. d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men. e. the financial advantages for women crowding into a single occupation.
Answer:
d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men.
Explanation:
Barbara Bergman developed the Occupational Crowding Model in 1971 in order to try to explain why women and certain minority groups earned in average much less than white males. She even calculated any bias due to higher education, but still she was able to show flagrant labor discrimination based on gender and race.
Her study showed how women and minorities are consistently excluded or crowded out from high paying jobs and high corporate positions. The vast majority of high paying jobs and high corporate positions are filled with white non-Latin males (Latins are not a race, they come in all colors, they are a culture).
If this tendency is eliminated, women and minorities should be able to earn similar wages than white non-Latin males since they are capable of performing the same functions in a similar and comparable manner. I.e. all women and all men are equally capable.
This has improved a little bit in the last years, but still the bias against women and minorities still exists. Forty years ago no one would even dream that a large US corporation would be headed by someone from a minority group, but nowadays Apple, Alphabet (Google), Sprint, ADM, HP, and others, are headed by people that fit into minority groups.
This is great, but you shouldn't have to search for corporations that are headed by non-Latin heterosexual whites, it should be normal. And more women are needed in these places also. Women are capable of doing everything that any man can do.
What is the interest on a $4,500 note payable that is due in 3 months with a rate of 9%?
The interest on $4,500 note payable that is due in 3 months with rate of 9% is $101.25.
What is note payable?A note payable refers to a written agreement between a borrower and a lender that outlines the terms of a loan. It is a promise to pay back the borrowed amount along with any interest or fees within a specified time period. Note payable is a type of liability for the borrower, and it appears on the balance sheet as a current or long-term liability, depending on the repayment period. The repayment terms can vary, including interest-only payments, equal payments, or a lump-sum payment at maturity. Note payable is commonly used for short-term loans, such as bank loans, or for long-term loans, such as mortgages. It is important to carefully review and understand the terms of the note payable before agreeing to it, as failure to meet the repayment terms can result in serious consequences.
Principal = $4,500
Rate = 9% (or 0.09 as decimal)
Time = 3/12 (or 0.25 as decimal, since 3 months is quarter of year)
Interest = Principal x Rate x Time
Interest = $4,500 x 0.09 x 0.25
Interest = $101.25
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What is ISO 14001 used for?
Answer:
ISO 14001 is an internationally agreed standard that sets out the requirements for an environmental management system. It helps organizations improve their environmental performance through more efficient use of resources and reduction of waste, gaining a competitive advantage and the trust of stakeholders.
Explanation:
hehe
Which of the following choices incur speculative risk?
a.stocks
b.fire insurance on a house
c.options
d.life insurance
e.high interest savings account
Answer: correct option is A.
Explanation: A speculative risk can be defined as risk that is taken willingly either it results in profit or loss and the stocks involve in probability of gain and loss making it a speculative risk.
Stocks incur speculative risk. Therefore option A is correct.
What are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
Common stock and preferred stock are the two primary categories of stocks.
Owners of common stock are entitled to dividends and the right to vote at shareholder meetings.
Common stockholders often do not have voting rights, while preferred stockholders typically get dividend payments ahead of time and are given preference over common investors in the event of a firm bankruptcy and asset liquidation.
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If firms that make a particular product expect its price will be lower in the future:
A. this will cause the supply of the product to decrease right now.
B. this will cause the supply of the product to increase right now.
C. this will have no effect on the amount of the product supplied right now.
D. this will have no effect on the supply of the product now or later.
E. this will cause consumers to expect the price to be higher in the near future also.
B. This will cause the supply of the product to increase right now.
If firms expect the price of their product to be lower in the future, they will try to sell as much of their product as possible right now to make the most profit.
To do so, they will increase the supply of the product, which will lead to lower prices in the short term. Therefore, option B is the correct answer.
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can someone recommend me some research topics for economics.would really appreciate if it is in a list
Explanation:
here are some research topics for economics::
1. The effect of income changes on consumer choices
2. The effect of labor force participation on the economy and budget – A comparison
3. The impact of marital status on the labor force composition: A case of [your country] economy
4. The difference in the consumption attitude in [your country] over the last decade – Critical analysis of consumer behavior trends
5. The relationship between salary levels and ‘economic convergence’ in [your country]?
6. Analyzing salary inequalities in [your country] and the forces behind such inequalities.
7. The evolution of consumption in [your country] over the last 10 years: Trends and consumer behavior.
8. Dynamics of the Gini index as a reflection of the problem of inequality in income
9. Cashless economy: The impact of demonetization on small and medium businesses
10 Privatization of Public Enterprises and its implications on economic policy and development
what kind of leadership style would be best to employ if quick decisions are needed on a team
laissez-faire
Democratic
autocratic
Answer:
autocratic
Explanation:
In autocratic leadership, the leader takes charge of all decisions makings. He or she does not consult the input from group members. Autocratic leaders, also known as authoritarian, typically make choices based on their ideas and judgments and rarely accept followers' advice.
One advantage of autocratic leadership is that decisions are made very fast. Since the leader does not need to consult anybody, he uses his judgment to make a decision. Autocratic style of leadership contrast with democratic leadership, where the leader consults members before making decisions.
Cynthia has been asked by her superior to calculate the total shareholder’s equity. Which balance will she add to the opening equity to find the closing balance of the shareholder’s equity?
A.
retained earnings
B.
salaries payable
C.
supplies
D.
inventory
E.
cash at bank
Answer:
A. retained earnings
Explanation:
Retained earnings are part of a company's profits that have not been distributed to shareholders as dividends. It means that retained earnings belong to shareholders only that they have not been shared with them. Businesses use retained earnings to further investments into the business.
Retained earnings are added to the opening balance of equity to determine the balance of shareholders' equity. They are added because they belong to shareholders.
a broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. what additional information does the broker need to include?
Since the broker already add the brokerage's name, location, and phone number on the website to advertise the broker's office; then no need for any additional disclosures. The correct answer is option D.
What is a broker?A broker is an individual or firm that acts as an intermediary between a buyer and a seller; or between an investor and a securities exchange, who buys and sells goods or assets for others. A broker can also refer to the role of a firm when it acts as an agent for a customer and charges the customer a commission for its services.
There are 3 types of brokers, those are: Online brokers, a new form of digital investment which interacts with the customer on the internet; Discount brokers, a stockbroker who performs buy and sell orders at a reduced commission rate; and Full-service brokers.
Although part of your question is missing, you might be referring to this full question: A broker developed a website to advertise the broker's office with the brokerage's name, location, and phone number. What additional information does the broker need to include?
A. Name and address of the home office and the states in which the brokerage holds licenses
B. License number of the brokerage and list of current active licensees
C. Names of active licensees, addresses, and phone numbers
D. No need for any additional disclosures
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a line of credit that allows a borrower to repeatedly use it within a certain monetary amount is considered to be______
Open-ended credit is a type of credit that allows a borrower to repeatedly use it within a certain limit, pay it back, and then borrow again, as needed.
What are some examples of open-ended credit?Examples of open-ended credit include credit cards, home equity lines of credit (HELOCs), and personal lines of credit. These types of credit typically have a variable interest rate, which means the interest rate may change over time based on market conditions. They also typically have fees, such as annual fees or transaction fees, that the borrower must pay.
How does open-ended credit differ from closed-ended credit?Open-ended credit differs from closed-ended credit in that it allows the borrower to repeatedly use it within a certain limit, pay it back, and then borrow again, as needed. Closed-ended credit, on the other hand, is a one-time lump sum of money that must be repaid in full, with interest, over a fixed period of time. Examples of closed-ended credit include personal loans, auto loans, and mortgages.
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