what is the coordinating mechanism in a market system?
Answer:
The price mechanism is the central coordinating mechanism in a market economy. Prices tell people what to use their resources.
Explanation:
As the number of sellers in an oligopoly becomes very large, a. the price effect is magnified. b. the quantity of output approaches the socially efficient quantity. c. the price approaches the monopoly price. d. the quantity of output approaches the monopoly quantity.
As the number of sellers in an oligopoly becomes very large, the quantity of output approaches the socially efficient quantity.
An Oligopoly is when there are few large firms operating in an industry.
Characteristics of an oligopoly:
Firms set the price for their productProducts are differentiated The demand curve is downward sloping There is a high barrier to entry and exit of firms into the industry.
As the number of firms increase in an oligopoly, the quantity and price approaches what would exist in a perfect competition. As the number of firms in an oligopoly decreases, the price and quantity produces approaches that would be exist in a monopoly.
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Marginal revenue for a monopolist is computed asa.average revenue times quantity divided by price.b.total revenue divided by quantity sold.c.change in total revenue per one unit increase in quantity sold.d.average revenue divided by quantity sold.
Statement that explains Marginal revenue and it can be computed for a monopolist is C:sold.c.change in total revenue per one unit increase in quantity sold.
Marginal revenue can be regarded as central concept in microeconomics which focus on additional total revenue that us been gotten by increasing product sales by 1 unit.In monopolist,it can be computed by change in total revenue with respect to a unit increase that is been sold.Therefore, option C is correct.
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what is a signed affidavit verifying self employment
a sworn statement and written legal document that is under the oath of law typically used to show a court proof of employment
why is it necessary to keep account or financial records while doing vegetable farming
Answer:
record keeping is a necessary element of good livestock business management.. if farmers have farm record they can tell how well they are managing their farm in comparison to other farmers. they can also see the strength and weakness in their farm operation...
A key contribution of ________ was the identification of the major functions of management which are planning, leading, organizing, and controlling. total quality management administrative management the behavioral viewpoint contingency theory
Every Firm needs management. A key contribution of Administrative management was the identification of the major functions of management which are planning, leading etc.
Administrative Management is known to be a type of management that is concerned with managing everything about the organization.
They are responsible for planning, organizing, leading, controlling, and coordinating and stating the need for budgets and controls.
Conclusively, this type of management is based on seeks to make an organization that is efficient and effective.
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How much annual income would you need to have if, using the 28/36 ratio, your maximum allowable recurring debt is $380? a. $16,290 b. $22,800 c. $57,000 d. $75,000.
Answer:
C
Explanation:
If your maximum permissible recurrent debt was $57,000, and you used the 28/36 ratio. thus option (C) is correct
What is debt?Debt can be defined simply as the amount owed by the borrower to the lender. A debt is a quantity of money borrowed for a set period of time and must be repaid together with interest. The amount as well as the approval of the debt are determined by the borrower's
creditworthiness. Debt is an obligation that forces one party, the debtor, to pay another party, the creditor, money, or other agreed-upon value. Debt is a delayed payment, or series of payments, as opposed to an immediate purchase. A sovereign state or country, a local government, a firm, or an individual may owe the obligation. Commercial debt is typically subject to contractual provisions governing the amount and timing of principal and interest repayments.
Therefore, thus option (C) is correct
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(Please help)
Question: Drag each label to the correct location on the image.
Match the tasks with the professionals who would complete them.
designs transportation etc = civil engineer
uses equipment to cut down trees = logging
inspects building = energy
reduces the amount of energy = energy
designs and oversees = civil engineer
categorizes trees = logging
Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be ______ expenditures. Multiple choice question. master
Major investments in either tangible long-term assets such as land, or intangible assets such as patents are considered to be capital expenditures.
Capital expenditures is the amount spent on the purchases, repair or maintenance of fixed assets. capital expenditures are capitalised and recorded in the balance sheet.
Fixed assets are long term assets used in the production of goods and services. They can be tangible or intangible.
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Hedging risk involves engaging in a financial transaction that offsets a long position by taking an additional ________ position, or offsets a short position by taking an additional ________ position.
Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.
Risk Hedging refers to various strategy employed to reduce exposure to an investment risk.
Risk Hedging is when the hedge the risk of one investment by taking an offsetting position in another investment.Hence, the strategy of Risk Hedging entails offsetting a long position by taking an additional short position or offsets a short position by taking an additional long position.
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which is most important to evaluate when considering extending credit to a small business and why?
When evaluating a small business for credit extension, one should watch out for D : The relationship of current assets to current liabilities which represents a company's ability to meet short-term debt obligations when due.
When assessing whether to give a small company credit:
Check if they can pay back the credit Check their net working capitalIt is important to check whether a company is capable of paying back the credit you are to extend to them and the net working capital - calculated as the difference between current assets and liabilities - is one of the best ways of doing so.
In conclusion, one should check the relationship between current assets and liabilities as a way to determine credit payback.
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In general, how do federal laws protect employee benefits?
Answer: They make sure employees get fair pay.
Explanation: Brainliest please
the complete list of items needed to prepare a statement of cash flows includes ______.
The list of items needed to prepare the cash flows statement includes:
comparative balance sheetsincome statement additional data on investing and financing activitiesIn accounting, statement of cash-flow is a statement that calculate the amount of cash and cash equivalents that comes and leaves the company.
The section of the statement of cash-flow are divided into the operating activities, investing activities and financing activities.
Hence, the list of items needed to prepare the cash flows statement includes the comparative balance sheets, income statement and the additional data on investing and financing activities.
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List the four steps in preparing a statement of cash flows in the correct order. Instructions Choice 1 of 4. determine the net cash flows from financing activities toggle button determine the net cash flows from financing activities Choice 2 of 4. determine the net cash flows from investing activities toggle button determine the net cash flows from investing activities Choice 3 of 4. calculate the net cash flows from operating activities toggle button calculate the net cash flows from operating activities Choice 4 of 4. combine operating, investing, and financing activities toggle button combine operating, investing, and financing activities
The four steps in preparing the statement of cash flows in the correct order includes:
Calculation of net cash flows from operating activities.Calculation of net cash flows from investing activitiesCalculation of net cash flows from financing activitiesCombination of operating, investing and financing activities.The cash flow statement is a financial statement that helps to summarizes the company's value cash and cash equivalents which enters and leaves the business.
The steps in preparing the statement of cash flows in order includes:
Calculation of net cash flows from operating activities.Calculation of net cash flows from investing activitiesCalculation of net cash flows from financing activitiesCombination of operating, investing and financing activities.Read more about this here
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For effective price discrimination to occur, a seller must:
Answer:
In order for effective price discrimination to occur, the seller must have a downward sloping demand curve.
Explanation:
The seller must also have at least two identifiable groups of customers with price elasticities of demand for the product, and the seller must be able to prevent customers from reselling the product.
Need help with now/ASAP!
Answer:
You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
Explanation:
You can create the time line below or submit a separate Word or PowerPoint document containing the time line. If your tim
Pickwick Production offered employees a defined-benefit retirement plan, in which retirees received benefits calculated on the basis of their age, earnings, and years of service. But the company didn't keep up with technology, and its earnings fell. When the stock market dipped, the company could no longer afford to keep paying for its retirement benefits. What protection will the retirees have in this situation
Even though the company is no longer able to pay the retirees, they are still protected because The Pension Benefit Guarantee Corporation will pay a basic benefit.
The Pension Benefit Guarantee Corporation:
Was created to protect the pensions of millions of Americans Provides a basic benefit to pensioners who need pension payments when their companies no longer pay themThe basic benefit is a percentage of the benefits the retirees receive from their normal plan so it is not much. Retirees will often have to supplement this option.
In conclusion, The Pension Benefit Guarantee Corporation will pay out something to the retirees.
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Acme, Inc. had net income of $120,000 in its 1st year and net income of $126,000 in its 2nd year. The percentage increase in net income was ______.
Answer: 5% increase in net income.
Acme, Inc. had a net income of $120,000 in its 1st year and a net income of $126,000 in its 2nd year. The percentage increase in net income was 5%.
What is net income?Net Income = Total Revenue — Total Expenses.
Net income, also known as total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales, in the context of business and accounting refers to an entity's income less cost of goods sold, expenses, depreciation and amortization, interest, and taxes for a given accounting period. It has also been described as the net growth in shareholders' equity that arises from a company's activities.
It is calculated as the residual of all revenues and gains less all costs and losses for the period. Contrary to gross income, which merely deducts the cost of products sold from revenue, this is not the same thing. If you are paid a salary, the annual salary you get from your company equals your yearly gross revenue.
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If the price of tortillas is $1.20 per dozen, how many dozen will suppliers offer for sale?
Answer:
2,500
Explanation:
relative to those with low levels of social support, individuals with high levels of social support ________.
Social support refers to the help rendered by different institutions in society. Family members, social institutions, and religious bodies all play a vital role. Relative to those with low levels of social support, individuals with high levels of social support
Tend to tolerate stress wellExperience has shown that when individuals have supportive family members and social institutions they will respond more positively to stress. ]
This is because they will receive encouragement that will push them to forge on and not give up. This makes them stronger.
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As digital platforms increasingly embrace a subscription model, __________ of Americans say they now pay for online news.
Answer:
About 15-16%
Explanation:
Report shows that about 15% - 16% of American says they now pay for online news as digital platforms increasingly embrace a subscription model,
What is a digital platforms?These are platform that uses a cloud technology for its software or programs for broadcast of news, movies etc
These digital platforms embraced a subscription model to cater for its operations.
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Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal policy.
According to macroeconomic theory and money supply in the economy, the scenario as an example of expansionary fiscal policy includes "A decrease in taxes."
Other scenarios as an example of expansionary fiscal policy include the following:
An increase in government spending;An increase in corporate bonds purchased;An increase in the money supply;Expansionary fiscal policy is a type of policy designed to increase the money supply in the economy.
On the other hand, examples of contractionary fiscal policy include the following:
A decrease in government spending;A decrease in transfer payments to dampen economic activity;An increase in taxes;A decrease in the money supply;Contractionary fiscal policy is a type of policy designed to decrease the money supply in the economy.
However, the scenarios which are considered as not examples of fiscal policy include the following:
A decrease in the unemployment rate;Hence, in this case, it is concluded that fiscal policy used by the government can either be expansionary or contractionary.
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Taxes assessed on which single industry form a significant source of income for the state and add an element of unpredictability when projecting future revenues
Considering the macroeconomic analysis, Taxes assessed on the Petroleum or Oil industry form a significant source of income for the state and add an element of unpredictability when projecting future revenues.
This is because the petroleum industry is known for its high generating revenue, which has become a significant export for many countries worldwide.
Some countries that rely on petroleum or oil industry include OPEC countries, Russia, Brunei, etc.
However, given that many technologies are trying to move away from Petroleum energy, and due to its non-renewable nature, the revenue from the Petroleum industry is considered unpredictable.
Hence, in this case, it is concluded that the correct answer is Petroleum Industry.
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The goal of logistics is to manage the physical flow of materials and information from points of origin to points of consumption:
Answer: Meeting customer requirements at a profit
In order to satisfy client demands while making a profit, logistics involves the physical flow of materials, finished items, and related information from points of origin to places of consumption.
What is logistics ?In general, logistics refers to the meticulous planning and execution of a complex task. In a broad sense, logistics coordinates the movement of products from their point of origin to their final destination in order to satisfy the needs of consumers or businesses.
By industry, logistics can be divided into five categories: sales logistics, manufacturing logistics, recovery logistics, and recycling logistics.
Transportation and delivery, storage, packaging, cargo handling, distribution processing, and information processing are all parts of logistics, and numerous methods have been set up to carry goods from the factory or location of production to the consumer promptly and on time.
Thus, In order to satisfy client demands while making a profit, logistics involves the physical flow of materials.
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The prevailing budget philosophy prior to Keynes called for a balanced budget. Keynes argued that the government should not balance its budget but instead have budget DEFICITS during
The period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS was during:
D. Economic recessions.According to the given question, we are asked to show the period which Keynes argued that the government should not balance its budget but instead have budget DEFICITS.
As a result, we can see that Keynes, one of the fathers of economics stated that it was important for the government to have budget deficits so that they could adequately navigate through the economic recessions at that periiod.
Therefore, the correct answer is option D
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what importance does the stationery and information sources play in the effective and efficient Operation of an organization?
Based on the organizational activities model, the importance of stationery and information sources in the effective and efficient operation of an organization includes "the source of quality and quantity data on the production input."
Some other importance of stationery and information sources in the effective and efficient operation of an organization includes the following:
It serves as the place to gather data about the strengths and weaknesses of the firms.It is also the source to gather the information opportunities and threats of the organizations.It is also a source of keeping records of finance, employees, success, and failures of the firms.Hence, in this case, it is concluded that the stationery and information sources in an organization are vital to its success.
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The primary goal of a(n) ________ presentation strategy is to influence the prospect's beliefs, attitudes, or behavior and to encourage buyer action.
The goal that can be associated with persuasive presentation strategy is be able to change the prospect's beliefs as well as attitudes of buyer action.
Persuasive presentation strategy can be regarded as strategy use to make more sales.This strategy is used in influencing the potential buyers so they can make purchase, it encourages them and change their beliefs.Therefore, persuasive presentation strategy is the correct term.
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Surfaces on the same body are assumed to experience meteorite impacts with the same frequency. If this is true, what could account for the stark contrast in impact crater density on bordering regions of Ganymede in the photo?.
Craters are known to be cause by the collision of a meteorite with the Earth. It is true because the surface with fewer impact craters is said to be a new surface.
The factor that account for the stark contrast in impact crater density on bordering regions of Ganymede in the photo is because since it has not been impacted as many times as the older surfaces.
The impact craters are therefore too hard to recognize as a result of weathering and erosion of its surface.
The Moon is known to lacks water, atmosphere, and tectonic activity of which these factors or forces often erode Earth's surface and erase some new impacts.
The impact crater is often influenced by the appearance of impact craters and ejecta are said to be the size and velocity of the impactor.
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what percent of cdc employees are vaccinated cassidy
According to CDC Director Dr. Walensky, the percentage of CDC vaccinated employees is not known.
This is based on the interview conducted by Senator Cassidy on the situation of the coronavirus vaccine.
In the interview, Senator Cassidy asked Dr. Walensky a series of questions concerning the vaccines, including the number or percentage of CDC ( Centers for Disease Control and Prevention) employees that have been vaccinated.
Dr. Walensky responds that “I don’t have that for you today, " which implies that it is not known at that moment.
Hence, in this case, it is concluded that the correct answer is "It is not known."
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granting a pharmaceutical company a patent for a new medicine will lead to
Doing such to a pharmaceutical company would lead to option b: (i) and (ii) only:
A product that is priced higher than it would be without the exclusive rights.Incentives for pharmaceutical companies to invest in research and development.When a pharmaceutical company gets a patent, they will become a monopoly for the medicine in question. This will allow them to charge a higher price for the drug seeing as they have no competition.
It will also act as an incentive to other companies to develop more drugs because they will get a chance to benefit alone from the drug.
In conclusion, such a patent would lead to a higher price and act as an incentive.
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