the settlement procedure is called Negotiation, Mediation and Arbitration when a dispute arises between the buyer and the seller.
Direct negotiating between parties in conflict with the goal of resolving the conflict without the assistance of a neutral third party. Without without realising it, many real estate brokers use this DRS technique.
Mediation: In mediation, a neutral third party helps the parties to a dispute to reach a settlement that they can both agree on. By defining issues, using persuasion, and using other conflict resolution approaches, mediators aid the parties in reaching their own agreements rather than making decisions for them.
The most well-known DRS technique is arguably arbitration. The arbitrator, or a panel of arbitrators, who decides how the issue will be settled, is a neutral third party that the parties agree to submit any current or future disagreements to.
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you now know that boris yeltsin replaced the top-down command economy with free market forces after the collapse of the soviet union. were free market policies ever introduced in russia or hte soviet union between 1917 and 1991?
It put an end to Mikhail Gorbachev's (later President) attempts to change the Soviet political and economic systems in an effort to halt a period of political impasse and economic decline.
Which three Soviet republics proclaimed their national sovereignty first?Between March and May 1990, the three Baltic states of Estonia, Latvia, and Lithuania were the first to formally renounce Soviet rule, asserting continuity with the original states that existed before the Soviet Union annexed them in 1940.
Stalin quickly changed this strategy through the nationalization of industry and the collectivization of farms, which were the outcomes of the accelerated central planning as illustrated by the "Five-Year Plans." The Soviet Union had been running its economy through a centralized structure since around 1930.
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in which balance sheet column is net income recorded on the work sheet?
Net income is recorded in the "Net Income" column on the sheet. This column is usually located on the right side of the sheet and is used to summarize the results of the accounting period.
Net income equals total revenue minus total expenses. This amount of net income is then transferred to the company's balance sheet as a line item, usually under the heading "Retained Earnings". The amount of retained earnings is equal to the beginning balance of retained earnings plus net income for the period. This amount is a key indicator of the company's financial performance. It shows the amount of profits that the company made during the accounting period and can be used to measure the success of the company's management.
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which best describes why countries establish limits on trade? check all that apply.
o to force domestic industries to compete
o to restrict foreign influence in a sector
o to restrict importation of a foreign good
o to raise the price of foreign goods
The options that best describe why countries establish trade barriers are as follows:
(B) Limiting foreign influence in a certain industry.
(C) Restricting the import of foreign goods.
(D) Sanctioning other countries.
What do we mean by limits on trade?Trade limitations are imposed by the government on global trade.
The theory of comparative advantage claims that trade restrictions harm the global economy and reduce overall economic efficiency.
The majority of trade barriers operate under the same general premise: they impose some type of cost (money, time, bureaucracy, quota) on commerce that drives up the cost or supply of the traded goods.
A trade war happens when two or more countries deploy trade barriers against one another repeatedly.
The following choices best explain why nations impose trade restrictions:
1. To limit foreign influence in a particular industry;
2. To limit the importation of foreign goods; and
3. To penalize other nations
Therefore, the options that best describe why countries establish trade barriers are as follows:
(B) Limiting foreign influence in a certain industry.
(C) Restricting the import of foreign goods.
(D) Sanctioning other countries.
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Correct question:
Which best describes why countries establish limits on trade? check all that apply.
A. to force domestic industries to compete
B. to restrict foreign influence in a sector
C. to restrict the importation of a foreign good
D. to raise the price of foreign goods
concerning permanent differences, which of the following statements is false? a all events recognized in financial statements will have tax consequences under the regular u.s. tax system. b certain revenues are exempt from taxation and certain expenses are not deductible. c events that do not have tax consequences do not give rise to temporary differences and, therefore, do not give rise to deferred tax assets or liabilities. d differences that will not have future tax consequences are often referred to as permanent differences.
Option (A), Regarding permanent differences, it is untrue to say that all occurrences that are recorded in financial statements will result in taxes under the standard U.S. tax system. Under the standard U.S. tax code, some events that are disclosed in financial statements do not have any tax repercussions.
What details ought to be included in financial statements?The notes to the financial statements contain a description of the exact assumptions that accountants used to create a company's income statement, balance sheet, summary of changes in financial position, and statement of retained earnings.
What disclosures are made in financial reporting?In the financial sector, disclosure refers to the timely publication of all information about a company that may impact a decision made by an investor. It releases data, statistics, and operational details that have an impact on its business, both positive and negative.
Permanent differences: How do they affect tax basis?Permanent discrepancies are sources of income and costs that will either be accounted for in pretax GAAP but never in taxable income. The deferred tax computation would never change as a result of these variations; rather, they will only affect the present tax computation.
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if your bank receives a checkable deposit that results in $20,000 in excess reserves, and the banking system makes loans totaling $60,000, the maximum possible, then the money multiplier must be:
If your loan bank receives a checkable deposit resulting in excess reserves of $20,000 and the banking system makes loans totaling $60,000, the maximum allowed, the money multiplier must be 4.
Receiving party, also known as the borrower, incurs debt and is typically obligated to pay back the debt's principal as well as interest charges until it is recovered.The promissory note loan used to demonstrate the obligation often states the principle amount borrowed, the interest rate the lender is levying, and the payback due date. When a loan is made, the subject asset(s) are momentarily split between the lender and the borrower. An example of a financial institution that lends money is a bank, which also accepts deposits from the general public.
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suppose you are the buyer for the housewares department of a department store. a number of vendors in your area carry similar lines of merchandise. on sets of microwavable serving bowls, brand a offers a list price of $400 per dozen less a 36% trade discount. brand b offers a similar set for a list price of $425 less a 43% trade discount. (a) which vendor is offering the lower net price?
Using a 33% trade discount, Kitchen Magic offers bowls for $500 per dozen. Similar product lines are sold by a number of regional vendors.
What is similar and examples?
The meaning of similar is two items that are somewhat similar but not exactly the same in their qualities. A cream skirt and a white skirt are two examples of similar clothing. Similarity refers to sameness or similarity. When contrasting two things, whether they be actual items, concepts, or experiences, you frequently consider both their similarities and contrasts. The opposite of similarity is difference. A resemblance between squares and rectangles is that they both have four sides.
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Question 17 of 20
What is revision?
Answer:
Hope This Helps <3
Explanation:
Revision Means alteration and fixing things out of order making sure its understnadble and perfect with no spelling or grammar mistakes revision is also known as revising
what was the major innovative technique that allowed henry ford to produce an automobile that could be manufactured and sold at a reasonable cost? (1 point) he pioneered the use of aluminum frame designs. he invented the inflatable tire for the automobile. he used the assembly line production process. he developed an automobile that ran on less fuel.
Henry Ford introduced the assembly line in 1913, and his workers despised it. Forget the Model T; Ford's true breakthrough was the moving assembly line.
The assembly line manufacturing method was the key creative technology that enabled Henry Ford to build a vehicle that could be built and sold at a reasonable cost. Serial manufacturing emerges from this new production system known as Fordism (a word created by A. Gramsci). Each item is added as the product travels along the work station until the final assembly is completed. With this method, many workers were required to use machines and do repetitious duties. As a result, the employer may now exert control over the worker's productive time (determined by the speed of the assembly tape).
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what would be the yearly earnings for a person with 5800 in savings at an annual interest rate of 3 percent
the total money you bring in throughout a fiscal year. Your annual income consists of your salary plus any bonuses, commissions,
What are the fundamentals of saving?Set aside a specific sum of money each month and pay it like you would any other payment. Every time you get paid, save aside some money — ideally ten to twelve percent — and see your savings increase. Prudent saving Select the finest savings strategies for your objectives, and be sure to shop around to find the lowest interest rates.
Which are the 5 tools for saving?Bank deposits, bank deposits, money market account accts, bank deposits, and savings bonds are the five most popular categories of savings instruments. It is crucial to decide which saving methods are suitable.
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the engineering department at omni company built a piece of equipment in the company's own shop for use in the company's operations. when looking at the ending balance for the fixed asset account the auditor examined all work orders, purchased materials, labor cost reports, and applied overhead that were capitalized as part of the equipment costs. which of the following is the asb balance assertion most closely related to the auditor's testing? a) existence. b) completeness. c) rights and obligations. d) valuation.
The auditor extensively scrutinized all work orders, materials purchased, labor cost reports, and applied valuation when examining the closing balance for the fixed asset account.
What is an example of valuation?
The market capitalization of a corporation is a typical illustration of valuation. This multiplies the share price of a corporation by the total number of outstanding shares. For instance, if a corporation has 2 million outstanding shares and a share price of $10, its market capitalization would be $20 million. There are numerous methods for valuing things, and they vary depending on what and when is being valued. The fair value of a company's assets and liabilities is a typical calculation used to determine the company's value. This computation is based on assets.
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you are told you need to work weekends. your supervisor gives you a pay raise in return. what type of power is your supervisor using
If you are told you need to work weekends. your supervisor gives you a pay raise in return. The type of power your supervisor is using is: Reward.
What is reward power?Reward power can be defined as the power vested on a supervisor to reward its employee for completing a tasks or for achieving a set goals.
Based on the given scenario the supervisor is making use of what is called reward power on its employee and this reward power is given a pay raise in return as a reward for working during the weekend.
Therefore this scenario is a reward power.
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Suppose the income elasticity of demand of Good X is -3. This means that a 15% decrease in income would result in a ______________ in quantity demanded of Good X?5% increase5% decrease45% increase45% decreaseHardly noticeable change
Suppose the income elasticity of demand of Good X is -3. This means that a 15% decrease in income would result in a 45% decrease in quantity demanded of Good X. Thus Option D is the answer.
The income elasticity of demand (EI) measures the responsiveness of the quantity demanded of a good to a change in income. It is calculated as the percentage change in quantity demanded divided by the percentage change in income.
In this case, the EI of Good X is -3, which means that a 1% decrease in income would result in a 3% decrease in the quantity demanded of Good X. So, when a 15% decrease in income occurs, the quantity demanded of Good X would decrease by 3*15 = 45%.
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the demand curve for canned peas is downward sloping. if the price of canned peas, an inferior good, rises, then a. the income effect which causes you to reduce your canned peas purchases is smaller than the substitution effect which causes you to increase your purchases, resulting in a net increase in quantity demanded. b. the income effect which causes you to increase your canned peas purchases is smaller than the substitution effect which causes you to reduce your purchases, resulting in a net decrease in quantity demanded. c. both the income and substitution effects reinforce each other to decrease the quantity demanded. d. the income and substitution effects offset each other but the price effect of an inferior good leads you to buy more canned peas.
The right answer is B. There is a net drop in quantity requested because the income effect, which lets you buy more canned peas, is less effective than the supply curve, which makes you buy less.
Describe the demand curve.The link between the amount of a product or service that customers are willing and capable of purchasing and the pricing of that item or product is represented graphically by a demand curve. The average slope is down, meaning that as the cost of a commodity or service rises, more people will buy it. The demand law is referred to as such. The demand curve may also slant towards the west or left based on variables such shifting customer tastes and income.
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which act of the u.s. congress prohibits bribery of foreign officials and sets requirements for transparency of accounting transactions?
The Foreign Corrupt Practices Act (FCPA), adopted in 1977, forbids paying bribes to foreign officials in order to win or retain business.
The FCPA applies to publicly traded firms and their executives, directors, employees, stockholders, and agents everywhere in the world for unlawful activity. Third-party agents, consultants, distributors, joint-venture partners, and others are examples of agents.
The FCPA also requires issuers to keep correct books and records and to have an adequate system of internal controls to provide reasonable assurances that transactions are carried out and assets are accessed and accounted for in line with management's permission.
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55. tariffs are different from assigned import quotas in that tariffs will (a) restrict imports (b) increase the price of imported goods (c) benefit domestic consumers of imported goods (d) hurt domestic producers of goods facing import competition (e) generate additional revenue for the domestic government
Tariffs are different from assigned import quotas in that tariffs will increase the price of imported goods .
What is a difference in tariffs?
Different sorts of taxes levied on imported items include duties and tariffs. Taxes are fees that the government levies against its citizens.
Tariffs are a type of direct tax imposed on products brought into the country from abroad. The purchaser of imported products must pay duties, which are an indirect tax.
Are quotas or tariffs more restricting?
Theoretically, a tariff quota is less restrictive than a regular quota because of this frequently minimal difference. The "small" importing nation using the tariff quota.
A "small country" is one whose variations in import volume are too minor to affect global prices.
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units of a-negative, b-negative, and o-negative red blood cells are shipped to your transfusion service. what testing must be performed by your facility before placing these units into your inventory?
Units of A-, B-, and O-negative red blood cells are shipped to your transfusion service. ABO and Rh MUST be performed by tour facility prior placing these units into your inventory.
The Blood Type Test determines your blood group (A, B, AB, or O) as well as whether you are Rh positive or Rh negative. The presence or absence of particular carbohydrates (ABO blood group antigens) or proteins (Rh antigen) attached to the surfaces of your red blood cells determines your blood type.
Anyone who wants to learn their blood type should take the Blood Type test. The test determines if a person's blood group is O, A, B, or AB, as well as whether they are Rh-positive or Rh-negative.
To purchase, you must be at least 18 years old. There is no need for you to do anything particular in order to prepare for the sample collection. This test does not necessitate fasting.
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the intent of managed health care was to a. replace fee-for-service plans with affordable, quality care to health care consumers. b. dramatically improve the health care delivery system in the united states. c. have employees of a managed care organization provide patient care. d. retrospectively reimburse patients for health care services provided.
Replace fee-for-service arrangements with ones that offer patients cheap, high-quality care. Managed health care's goal was to. Enrollees.
How do you employ manage?
To be successful at managing something, especially something challenging He suppressed his disappointment and forced a feeble smile. We will manage it, albeit I'm not really sure how. manage (to do something) (to do something) We arrived at the airport with plenty of time.
to take care of and decide upon: directly. control a factory; 2 to produce and maintain under one's control she has good control of her skis.
Today I'll use another phrase that many of my students find confusing: "manage to."
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the price of a video game is $32.99 before tax. andre bought the video game for 20% off. he then paid 8% sales tax on the discounted price. part a: how much did andre pay in sales tax? show all work and steps in your solution. (5 points) part b: what is the total amount that andre paid for the video game? show all work and steps in your solution. (5 point
Andre bought a video game which cost $32.99 before tax and before discount. a) The amount of tax he paid is $2.1. b) The total amount Andre paid for the video game after tax is $24.29.
The amount of sales tax can be calculated as follows:
tax = tax rate x price
Information available in the problem:
- The price of a video game is $32.99 before tax
- Andre bought the video game for 20% off, hence the discounted price is:
discounted price = (100% - 20%) x $32.99 = $26.39
- Andre then paid 8% sales tax on the discounted price.
a) The tax that Andre paid is:
8% x $26.39 = $2.1
b) The total amount Andre paid for the video game is:
total cost after tax = discounted price before tax - tax
= $26.39 - $2.1 = $24.29
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how does the evidence in this passage support the central idea that the exchange of goods in the sugar trade involved much of the world?
The passage's evidence that supports the idea demonstrates it provides empirical proof of merchandise transported between India, Europe, and Africa.
The following section provides evidence to support the claim: It provides tangible evidence of the goods carried between India, Europe, and Africa.
Evidence of cargo traveling across continents, such as;
Asia[India]EuropeAfricaIt represented much of the world and supports the central premise of this essay, which is that the sugar trade involved much of the world in the exchange of products.
This passage's proof is best defined as logical evidence demonstrating that sugar cultivation was changing as a result of laws and low pricing.
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an established product which is bringing in revenue is a comment about which stage of the product life cycle?
An established product that is bringing in revenue is in the maturity stage of the product life cycle. A product life cycle is the amount of time a product goes from being introduced into the market until it's taken off the shelves.
There are four stages in a product's life cycle - introduction, growth, maturity, and decline. A company often incurs higher marketing costs when introducing a product to the market but experiences higher sales as product adoption grows. Sales stabilize and peak when the product's adoption matures, though competition and obsolescence may cause its decline. The concept of product life cycle helps inform business decision-making, from pricing and promotion to expansion or cost-cutting.
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what concepts are contained in the fasb conceptual framework? (select all that apply.) multiple select question. concepts regarding types of events to be accounted for leasing and rental concepts underlying concepts of accounting measurement concepts sec reporting requirements
Principles of accounting measurement are underpinned by the FASB conceptual framework.
What does accounting's measurement rule entail?Money measurement stipulates that accounting transactions must be described in monetary terms in order to be documented, i.e., the accounting transactions must involve quantitative data rather than qualitative data.
Which are the two accounting measurement foundations?The two main techniques for keeping track of revenue and costs in accounting are the cash foundation EU VAT language cash accountancy and the accrual basis. Both can be applied to a variety of situations, including the financial records of a whole nation, a huge firm, a small business, or a person.
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How would you classify Frito-Lays marketing strategy in China? Globalization, adaptation, or customization? Why?
Frito-Lay's marketing strategy in China could be classified as customization.
What is Frito-Lays marketing strategy?Generally, This is because the company has tailored its products and marketing efforts to specifically cater to the Chinese market. For example, Frito-Lay has introduced new flavors and products that are popular in China such as spicy hot pot and green tea flavored chips.
Additionally, the company has also adapted its packaging and branding to better appeal to Chinese consumers.
Additionally, Frito-Lay has also invested in local production facilities and distribution networks in China to better serve the market. All of this suggests that Frito-Lay has tailored its strategy to the unique characteristics of the Chinese market, rather than simply applying a global or standardized approach
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job order costing system would best fit the needs of a company that makes:Multiple Choice:Custom machinery.Cement.Shoes and apparel.Paint.Pencils and erasers.
The correct option is A. job order costing system would best fit the needs of a company that makes Custom machinery.
A costing system is designed to screen the prices incurred through a business. The machine is comprised of a fixed of forms, approaches, controls, and reports which might be designed to combine and file to management approximately sales, prices, and profitability.
Price and error traits of three cost accounting machine kinds: full costing, marginal costing, and interest-based totally costing.
Fee accounting tracks, statistics, and analyses of the unique charges of manufacturing that arise within a commercial enterprise. those prices fall below three important classes: material, exertions, and overhead charges. the principle goal of price accounting is to decide the quality pricing techniques for services and products.
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Different cities have different levels of sales tax for items purchased. find each amount of sales tax. what is 10% of $19.90? what is 7% of $20.00?
The sales tax for 10% of $19.90 is $1.99, because $19.90 x 10/100 = $1.99
7% of $20.00 is $1.40, because $20.00 x 7/100 = $1.40
How do you find the amount of sales tax?To find the amount of sales tax for items purchased at different rates, you can use the following formula:
Sales Tax = Purchase Price * (Tax Rate / 100)
For example, if the purchase price is $19.90 and the tax rate is 10%, the sales tax would be:
$19.90 * (10 / 100) = $1.99
If the purchase price is $20.00 and the tax rate is 7%, the sales tax would be:
$20.00 * (7 / 100) = $1.40
10% of $19.90 is $1.99, because $19.90 x 10/100 = $1.99
7% of $20.00 is $1.40, because $20.00 x 7/100 = $1.40
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Expectancy Theory: Aloha Motivation!All Season Weelz, an automobile tire reseller, recently offered a promotion providing a free trip to Hawaii for employees who hit a certain sales number. Unfortunately, the promotion did not yield positive results. You will serve as a consultant to the sales and marketing teams. You will need to figure out what went wrong, and what needs to happen to resolve the issue for future promotions.Do you want to enjoy an all-expenses paid,7-day trip to Hawaii this year? All you haveto do is hit $1 million in sales next quarter!What’s included: Round-trip airfare to Honoluluand six nights’ accommodations ata luxury resort with all meals.NarratorPorterVP MarketingSherryVP SalesMattSalespersonPorter: Welcome All, I wanted to take a moment and discuss last year's sales promotion. Take a look at this promotion. In short, it was a complete failure, and we need to figure out why it did not motivate the sales team and what we can do for future promotions so this does not happen again.Sherry: Yes, it really was disappointing. Here are the results. What's interesting is that the people who hit the mark were already making the $1 million sales number before we even offered the promotion.Matt: Hi all, I appreciate you also inviting me to be part of the discussion. I hope I can provide some insight as to what went wrong.Sherry: Well, it seems there was a motivation problem.Narrator:Based on the results we see here, which component of the Expectancy Theory of Motivation may be the issue?Please select an answer below:Expectancy (E to PValence ResponseInstrumentality (P to O)Equity
Using the Expectancy Theory of Motivation, we find that the issue is with the component of "Valence Response"
Explanation:
From the case, we find that the quarterly average employee sales figures in the previous year were almost consistent (variance was only in the range of 20,000 to 55,000 U.S. Dollars) in spite of the promotion being in existence. This shows that most the employees did not place high importance on achieving the $1 million sales number, and achieving the associated reward. On the other hand, the few employees who did reach the target were already hitting similar figures even before the promotion came into existence; this shows that such employees placed high importance on being over-achievers.
Thus, using the Expectancy Theory of Motivation, we find that the issue is with the component of "Valence Response".
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Which of the following is the total length of time an essential business function can be unavailable without causing significant harm to the organization?
A) Maximum tolerable downtime
B) Maximum tolerable uptime
C) Recovery time objective
D) Recovery point objective
A measure of how long a critical business function can be down before generating serious problems for the company as a whole is known as the maximum tolerable downtime.
System downtime can be represented in a number of ways.
A system's Maximum Tolerable Downtime (MTD) is the longest period of time during which the system owner or authorizing official will tolerate any negative effects of an interruption to the system's ability to carry out its designated purpose or business function.
The Recovery Time Objective (RTO) is the length of time an unavailable system resource can have on the remaining available resources, the supported mission/business operations, and the Mean Time to Repair (MTR).
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select the best definition of lean operations. multiple choice question. operations which do not produce enough to cover overhead costs and must be changed a flexible system of operations using fewer resources than a traditional system a system of operations on a limited budget with the minimum number of employees
the best definition of lean operations a flexible system of operations using fewer resources than a traditional system.
Lean operations: What do they entail?Doing more with less is the foundation of the business concept known as lean operations. It is a straightforward method of enhancing daily operations and managing a firm. Lean operations, in other words, are all about making your workflows a little more efficient, à la Marie Kondo. Eliminating waste, or the parts of any process that contribute no value, is the aim of lean manufacturing. The Lean methodology emphasizes waste elimination, value delivery as defined by the client, and ongoing improvement.
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Answer:
accepting the risk of starting and running a business
Explanation:
what is an example of a factor of production? multiple choice component parts competitors labor environment government
An example of a factor of production is Labor. Labour includes the human resources needed to produce goods and services.
What do you mean by factor of production?
Factor of production is an economic term used to refer to the inputs used by businesses to produce goods and services. It is the combination of land, labour, capital and enterprise that are used to produce goods and services. Land includes natural resources like land, minerals, and water. Labour includes the human resources needed to produce goods and services. Capital includes the money, tools and equipment used to produce goods and services. Lastly, enterprise refers to the ability to organize and manage the various factors of production. All of these factors of production are important for businesses to create value and generate income.
So, The required answer is Labour.
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A flow-chart is shown. From top to bottom, Emma decides to study, then Emma is not able to go bowling, then two lines are drawn to 2 boxes that contain question marks.What could happen as a result of the effects of the opportunity cost on the left
The effects of the opportunity costs for Emma's decision is that: 1) Emma decides to study 2) Emma is not able to go bowling
From the above stated situation the next best option would have been for Emma to have gone bowling instead of choosing to study. She missed out on the perks of hanging out with friends and having fun since she didn't go bowling.
The worth of what you forgo while deciding between two or more possibilities is known as opportunity cost. Every decision involves trade-offs, and opportunity cost refers to the gains you could have gained by going in one route rather than the other.
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a seller agrees to pay a 6% commission on the $475,000 sale of their home. the listing broker agrees to split the commission 50/50 with the buyer's broker. how much did the listing broker make in commission?
A seller agrees to pay a 6% commission on the $475,000 sale of their home. The listing broker agrees to split the commission 50/50 with the buyer's broker. Broker made $14250 in commission.
Most buyers of homes work with a real estate agent or broker, who receives a commission on each sale. The average first-year salary for real estate agents is $55,300. Agents with one to three years of experience earned around $82,100. Once agents have four to ten years of experience, that amount rises to about $150,000.
Pay is based on the volume of closed deals as well as the commission split with the sponsoring broker of the realtor as well as the amount of commission paid to the real-estate brokerage. The commission is shared between the brokers on each side of the transaction, and each broker shares this commission with any of their agents who were engaged in the transaction.
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