A normal profit simply means that the business is performing as well as it would have if it had used its resources to manufacture a different product or enter a different market.
In order for a business to be justified, it must have a normal profit, which happens when all revenues and expenses are equal. It comprises the potential costs of passing up the next best option as well as the implicit and explicit prices.
When the revenue realized equals the sum of the explicit and implicit costs, or when the economic profit equals zero, normal profit occurs.
The company is in a state of normal profit if its total revenue equals its total costs, which indicates that its economic profit is equal to zero. For instance, a business that spends $200,000 annually on expenses needs to generate $200,000 in revenue in order to turn a typical profit.
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assuming that the equilibrium wage is $7 and the minimum wage is set at $10, how many workers will be unemployed in the long run?
Assuming that the equilibrium wage is $7 and the minimum wage is set at $10, how many workers will be unemployed in the long run? 150 (This is the difference between 175, the number of workers willing to work at the minimum wage in the long run, and 25, the number of workers for which there are jobs in the long run.)
A minimal pay envelope set below equilibrium has no effect on the request. It doesn't produce redundant demand or redundant force. The duty of a minimal pay envelope rate isn't significant to the request because employers typically hire workers at the equilibrium pay envelope rate.
A minimal pay envelope that's set above the equilibrium pay envelope will beget a reduction in the volume of labor demanded, and a rise in the volume of labor supplied. This happens because, at a minimal pay envelope, the cost of the product increases, and thus, employers fire some workers to cut the cost of the product.
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all of the garde manger contains a row of large food-service equipment units arranged for fast and efficient work, known as a:
The correct answer is service line or the huge food-service equipment components, together referred to as a garde manger, are all organised in a row for quick and effective work.
In a cool, well-ventilated space called a garde manger, cold dishes are made and other goods are refrigerated. The "chef garde manger" or "pantry chef" is the person in charge of this sector.
Larger hotels and eateries may have garde manger staff to handle extra responsibilities, like developing decorative buffet presentation features like ice carving and edible centrepieces.
During service, most of the cooking is done in the area behind the kitchen window, which is referred to as the line. In a standard line, there is a walkway where the chefs stand, a collection of cooking tools behind them, and a workspace where the food is plated.
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troy industries purchased a new machine three years ago for $80,000. it is being depreciated under macrs with a five-year recovery period. assume a 21% tax rate. calculate the tax liability if the machine is sold for $56,000.
if sale price is $23,200 then tax liability would be $64.
Moreover, Purchase price = $80,000. Depreciationa nd amortization in year 3 = $56,960. Book value of machine = $80,000 - $56,960 = $23,040. Book value of equipment is $23,040.
if sale price = $100,000. Tax liability = ($100,000 - $23,040) × 21% = $76,960 × 21%= $30,784. if sale price is $100,000 then tax liability would be $30,784. if sale price = $56,000.
Tax liability = ($56,000 - $23,040) × 21% = $32,960 × 21% = $13,184.if sale price is $56,000 then tax liability would be $13,184. if sale price = $23,200. Tax liability = ($23,200 - $23,040) × 2 = $160 × 21%= $64.
if sale price is $23,200 then tax liability would be $64. Again if sale price would be $15,000 which is less than book value, then tax liability would be zero.
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Describe the significance of virtual services in relation to the primary business activities.
Companies' cash flow may improve when they do not have to pay the overhead costs of selling their products in a store.
What is a primary business activity?A primary business activity is one that accounts for more than half of a company's total gross receipts, or the activity with the highest gross receipts if the company has more than two.
For the purposes of determining whether a debt obligation or debt security is an ESG Collateral Obligation in relation to a consolidated group of companies, where such group derives more than 50% of its revenues from the relevant business, trade, or production at the time of purchase of the ESG Collateral Obligation, as determined by the Collateral Manager.
The five key activities that generate higher profits include inbound logistics, operations, outbound logistics, marketing and sales, and services.
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what is the name for all the activities involved in selling goods or services directly to final consumers for their personal, nonbusiness use?
Retailing: Any activity involving the sale of products or services to customers for their own non-commercial use.
What do you mean by retailing?Retailing is the practice of selling goods and specific services to customers. It typically entails a business established for that particular purpose selling single units or small lots to numerous buyers.Retailers offer more than simply products; they also provide services. Retailing includes establishments like taverns, hotels, and restaurants. Numerous retailers mix various distribution strategies. As an illustration, consider Kroger, which provides both physical stores and online delivery.The many forms of retailing in use today are as follows: This covers a variety of retail establishments, such as department stores, specialty shops, supermarkets, convenience stores, catalog showrooms, pharmacies, superstores, discount shops, extreme value shops, etc.To Learn more About Retailing Refer To:
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the employees at jacinta's company all worked very hard throughout the year. jacinta wants to acknowledge their hard work and provide an incentive for the employees to increase their productivity even further. she decides to give each employee an extra week's pay. what type of financial incentive is this?
Individual incentive bonuses serve as financial incentives.
What is incentive?Rewards and perks are used as incentives to encourage positive workplace habits. They take many different shapes, including paying for college, giving employees extra time off, and giving employers more flexibility.
However, incentives are not only economic in nature; they might be one of three types: Economic Motivators: Material Gain/Loss (doing what's best for ourselves) Gaining/losing reputation is a social incentive (being seen to do the right thing) Moral
All of Jacinta's coworkers put forth a lot of effort all year long. Jacinta wants to show her appreciation for their efforts and give the staff a motivational boost to strive even harder. She makes the decision to pay each employee for one additional week. Financial incentives come in the form of individual incentive bonuses.
Therefore, Individual incentive bonuses serve as financial incentives.
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part of the employer portion of payroll taxes gets shifted to workers in the form of . multiple choice question. lower before-tax wages reduced benefits longer work hours licensing fees
There are 4 fundamental types of payroll taxes: federal income, Social Security, Medicare, and federal unemployment.
Employees have to pay Social Security and Medicare taxes via payroll deductions, and most employers also deduct federal earnings tax payments.
Do all employers pay payroll taxes?An agency commonly ought to withhold social security and Medicare taxes from employees' wages and pay the company share of these taxes. Social safety and Medicare taxes have different prices and solely the social security tax has a wage base limit. The wage base restriction is the most wage concern to the tax for the year.
What are the four enterprise payroll taxes?California has four nation payroll taxes: Unemployment Insurance (UI) and Employment Training Tax (ETT) are business enterprise contributions. State Disability Insurance (SDI) and Personal Income Tax (PIT) are withheld from employees' wages.
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https://brainly.com/question/26316390#SPJ4Suppose you have the contractual duty to pay $100 to someone else. If you delegate your duty to a third party without the consent of the person to whom the money is owed, and the third party fails to pay, can you still be force to pay the money?.
I was still required to pay the money since I had assigned a third party my responsibility without the other party's approval, and the third party had failed to make the required payment.
When is Delegation not allowed?Delegation is often allowed in most contractual agreements. However, there are several circumstances in which duties cannot be delegated, such as:The delegation would alter the agreement's structure. For instance, if a painter was hired because of their special or unique skill, they typically cannot transfer their responsibilities to another painter because the latter does not possess the same skill that is specified in the contract; the delegation involves a promise to settle a debt; the parties have agreed in their original contract that delegation is not permitted; orDelegation entails or might lead to a legal infraction.As a result, it is recommended that the parties to a contract address the delegation of rights and obligationsTo learn more about delegation, refer to
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If peet’s coffee were conducting marketing research to establish whether its advertising message will be clearly understood by its customers. This question addresses which component of the communication process?.
If Peet's coffee were conducting marketing research to establish whether its advertising message is clear, this address which component of the communication process is known as a Feedback loop
What is Marketing Research?This refers to the term that is used to describe and define the advertising that is done based on the feedback gotten from its target market to meet its specific needs.
Hence, it can be seen that based on the fact that Peet's coffee is requesting for input on its advertising message and the effect it has on the market, this is the use of a feedback loop.
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what form is tracks what was received by the restaurant and the location to which that product was delivered
An edifice inventory consists of all the things or raw materials needed to arrange dishes, and an edifice inventory management system helps you track every ingredient utilized in the formula.
Inventory for the food and liquid business includes all the physical things required to produce service to your customers, as well as food, ingredient, and alternative things like pots and pans and worker uniforms.
Restaurant inventory management may be a procedure to observe the ingredients and provides you've got for shifts in real-time, and it conjointly helps you create additional economical food, beverage, and provide orders. Effective inventory management is important to your regular operations and long-run goals.
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What is significant about the absolut vodka company in the context of advertising?.
The significant about the Absolut Vodka company in the context of advertising is print advertisements displaying their unique bottle in unusual and obscure contexts.
What is advertisements?Advertising is a form of promotion that seeks to persuade a certain audience to purchase a good or service. One of the first types of marketing, it aims to persuade its target market to either buy, sell, or carry out a particular action. The advertisement might be specific (targets a small audience) or general, using a highly targeted message (targets a large audience).The majority of marketing strategies, including email marketing and search engine marketing, are far more recent than advertising. Advertising has been split into two categories since the internet became the norm: traditional advertising and digital advertising.Print, TV, and radio advertisements are considered to be traditional advertising because they have been used for more than 150 years. The most effective form of advertising for businesses is print media since it relies on the target market physically receiving the message through flyers, newspapers, and the mail.Any online advertising activities, including display advertising, PPC, social media advertising, etc., are at the center of digital advertising. This type of marketing is now more frequently employed because it is less expensive and simpler to track.
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Which margin setting would you select to maximize the amount of space available for text on a page?.
Narrow margin setting would you select to maximize the amount of space available for text on a page.
What allows you to align text so that it is fully flush with both margins?Also known as completely justified or full justification, text is aligned at the left margin and letter- and word-spacing is altered so the text lies flush with both margins.If justified in broad columns, a page can acquire symmetry.Every page of a document has a header, which is a space at the top of the page that can have one or more lines of text.The header is frequently used to list information about the document (such as the title) on each page.A section break essentially divides your document into multiple portions to allow for a page break, which simply pushes any material following that page break onto the next page.To learn more about margin refer,
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which of the following is true of a sole proprietorship? a business operated under sole proprietorship cannot be transferred. b) large businesses cannot be operated under sole proprietorship. c) a business operated under sole proprietorship must be owned by one or more people of the same family. d) creditors can recover claims against the business from the sole proprietor's personal assets.
The statement that is true of a sole proprietorship is that a) a business operated under a sole proprietorship cannot be transferred.
A proprietorship can legally have the handiest one, proprietor. This is due to the fact the commercial enterprise serves as a part of the enterprise proprietor's private identification and vice versa. If a proprietor wants to expand their business and take delivery of new companions and traders, they would restructure the employer and contain it.
Any individual who wants to start a commercial enterprise with less investment can choose this sort of commercial enterprise form. It is able to be started in a time span of 10-15 days. Additionally, the control within the business is solely for your arms.
The proprietorship has been described because the only enterprise form underneath which you'll be able to perform a commercial enterprise. It isn't a legal entity and definitely refers to a person who owns the commercial enterprise, individually responsible for its debt.
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you constructed a loan amortization table with beginning balance, monthly payment, interest paid, principal repayment, and ending balance columns. if all the formulas are correct, which is the only column that shows an increase in value throughout the term of the loan? (1 point) principal repayment monthly payment beginning balance interest paid'
If all the formulas are correct, Principal Repayment shows an increase in value throughout the term of the loan.
A repayment plan is a based repaying of budget which have been loaned to an man or woman, enterprise or government over either a widespread or prolonged period of time, commonly along a fee of hobby.[1] compensation plans are outstanding inside the financial enterprise of a countrywide economy in which liquid funds are in high demand to help in investment possibilities, governmental expenditure or personal finance. The term first noticed prominence with its use with the aid of the worldwide economic Fund to describe its shape of economic loan repayment from person international locations. Usually, the term "compensation plan" refers to the machine of Federal student useful resource inside the u.S. Of the united states, which assists in masking tertiary education costs of home college students.
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how much will the apple corporation have to set aside each year to have $60,000 ten years from now? assume interest is at 10% compounded semiannually. (round your answer to the nearest cent.)
Future price (FV) is the price of a modern-day asset at a future date based on an assumed fee of growth.
The future fee is essential to traders and economic planners, as they use it to estimate how much an funding made today will be worth in the future.
How do I calculate future value?You can calculate future cost with compound interest the usage of this formula: future fee = existing value x (1 + activity rate)n. To calculate future value with easy interest, use this formula: future value = existing price x [1 + (interest fee x time)].
For example, if you make investments $1,000 in a financial savings account these days at a 2% annual hobby rate, it will be well worth $1,020 at the end of one year. Therefore, its future fee is $1,020.
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https://brainly.com/question/2549802#SPJ4a large grocery store chain insists that its suppliers stop packaging their bagels in plastic wrap, and they comply. this is an example of
a large grocery store chain insists that its suppliers stop packaging their bagels in plastic wrap, and they comply. This is an example of Power within a marketing channel.
What is a channel power?The ability of one channel member to direct or affect the actions and behavior of another channel member is referred to as channel power. It can also refer to a channel member's potential to influence another channel member.Channel power is when one channel member tries to lead and assist other channel members.The person who fills this role is referred to as the channel captain.There are four different types of channel power: economic power, expertise, identification, and legitimate right.
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myriad solutions, incorporated issued 10% bonds, dated january 1, with a face amount of $320 million on january 1, 2024, for $283,294,720. the bonds mature on december 31, 2033 (10 years). for bonds of similar risk and maturity the market yield is 12%. interest is paid semiannually on june 30 and december 31. required: what would be the net amount of the liability myriad would report in its balance sheet at december 31, 2024? what would be the amount related to the bonds that myriad would report in its income statement for the year ended december 31, 2024? what would be the amount(s) related to the bonds that myriad would report in its statement of cash flows for the year ended december 31, 2024? note: round your answers to the nearest whole dollar.
Balance sheet Entries:
Net liability = $285,349,947
Income statement:
Interest expense = $34,055,227
Statement of cash flows:
Operating: $32,000,000
Investing: Nil
Financing: $283,294,720
The workings are attached:
Balance sheet
Net liability = carrying value at the end of the year = $285,349,947
This will appear in the balance sheet as net liability.
Income statement:
Interest expense will be appearing in the income statement.
Interest expense = $32,000,000
Statement of cash flows:
Operating cash flow:
A company's cash flow from operating activities (CFO) consists of the money it brings in from its ongoing, regular business activities, such as manufacturing, selling, and providing services. An organization's cash flow statement starts with this section.
Operating: It is the interest expense = $32,000,000
Investing cash flow:
An investment cash flow statement reports the amount of cash generated or spent following various investments in a particular period. A variety of investments can be made, including the purchase of physical assets, investment in securities, or sale of securities or assets.
Investing: This will be nil, as this is not an investment
Financing cash flow
A company's cash flow statement contains a section called cash flow from financing activities (CFF), which shows how the company uses cash to fund operations. In addition to debt and equity financing, dividends are also included in the financing process.
Financing: This will be the $283,294,720
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the purchase of physical assets or a significant account of ownership of a company in another country to gain a measure of managment is called
Foreign direct investment is the acquisition of tangible assets or a sizeable stake in a business in another nation in order to gain some management control.
What are foreign investments called?An ownership stake in a foreign company or project is known as a foreign direct investment (FDI) and is made by a foreign investor, business, or government.Foreign direct investment (FDI) is a type of cross-border investment in which a stake in and significant degree of control over an enterprise located in another country are established over time by an investor who resides in one economy.Foreign investment comes in four main forms. These include official flows, commercial loans, foreign direct investment (FDI), and foreign portfolio investment (FPI).FDI can be in one of two ways: Integrated or greenfield projects (M&As).Mergers and acquisitions equate to the transfer of ownership of existing assets to an owner abroad. Greenfield investment is the creation of a new firm or the establishment of facilities abroad.To Learn more About Foreign direct investment Refer To:
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in capitalism, the view underlying the price at which products are sold is defended on the basis of property rights true or false
Answer:
True
Explanation:
In capitalism, the view underlying the price at which products are sold is defended on the basis of property rights.
the reason to regulate utilities instead of using antitrust laws to promote competition is that a utility is usually a question 19 options: profit-maximizing monopoly. producer of externalities. revenue-maximizing monopoly. natural monopoly.
A utility is typically a (d) natural monopoly, thus regulating them instead of employing antitrust laws to foster competition makes sense.
A natural monopoly is one in which the largest supplier in the industry, frequently the first supplier in a market, enjoys a significant competitive advantage over potential rivals due to high infrastructure costs and other entry obstacles in relation to the size of the market.
A particular industry qualifies as a natural monopoly if the overall cost of one company generating the full output is less than the total cost of two or more companies doing the same. In that situation, it is likely that one business (a monopoly) or a small number of businesses (an oligopoly) will emerge and offer all or the majority of the pertinent goods and/or services.
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one type of digital currency that operates outside the banking system using encrypted technology is:
one type of digital currency that operates outside the banking system using encrypted technology is: Bitcoin
Digital currency: Any type of payment that is solely electronic is referred to as digital money (or digital currency). Like a dollar bill or a coin, digital money is not physically present. Online systems are used to track it and transfer it. The cryptocurrency Bitcoin is one prominent example of digital money.
Cryptocurrencies, stablecoins, and CBDCs are the three different types of digital currency. Unlinked from any fiat currency, cryptocurrency is a type of decentralised digital currency. Its value is determined by the market, and encryption is used to govern its ledger systems. Cryptocurrencies initially appeared with Bitcoin.
The digital tokens used in cryptocurrencies. They are a sort of digital currency that enables online direct payments between individuals. The use of cryptocurrencies is not regulated.
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As the quantity sold rises for a seller in imperfect competition, what happens to the difference between price and marginal revenue?.
As the quantity sold rises for a seller in imperfect competition, the difference between price and marginal revenue gets larger.
What is marginal revenue?The sale price of the next item sold determines the margin of profit. Divide the variance in a company's total revenue by the variation in its total output volume to determine its marginal revenue. The selling price of one more item sold is referred to as marginal revenue.
The additional money made by selling one more unit of product is known as marginal revenue. The law of diminishing returns ultimately leads marginal revenue to start dropping as the output level grows, even though it can stay constant at a certain level of output.
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bargainmart inc the aim is to build a predictive model and find out the sales of each product at a particular store during a defined period. which supervising learning model will you apply?
As the dataset being used here is Bargain Mart Inc supervising learning model will you apply.
A product may be a provider or an object. It may be bodily or in digital or cyber form. Every product is made at a fee and every is offered at a fee. The fee that may be charged relies upon at the market, the quality, the advertising and marketing and the section this is targeted.
A product is any object or provider you promote to serve a customer's want or want. They may be bodily or digital. Physical merchandise includes long lasting goods (like cars, furniture, and computers) and nondurable goods (like meals and beverages).
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with respect to pay, which description best defines an organization's job structure? group of answer choices regular pay, overtime pay, and bonuses the characteristics of jobs that the organization values and chooses to pay for the relative pay for different jobs within the organization the minimum amount that employers must pay under federal and state law the average amount an organization pays for a particular job
The description that best defines an organization's job structure is that It consists of the relative pay for different jobs within the organization.
What is the organization's job structure?An organizational structure serves as the hierarchical outline that is been defined in the company which help to explains the company's roles, teams with respect to the employees.
It should be noted that the Organizational structures help to analyze the task that will be doing as well as the person that they will be reporting to. this also applies to the job structure of the organization because it help to analyse the payment that will be given to the employees based on their levels in the organization, since in the organization there is entry levels up to the manager as well as other visiting employees depending on the kind as well as the structure of the organization.
Therefore, the second option is correct.
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true or false: gambling expenses and losses to the extent of gambling winnings are reported as miscellaneous itemized deductions. true false question.
Individuals who otherwise itemize deductions may deduct certain non-business expenses from their taxable income as miscellaneous itemized deductions.
It is not possible to itemize the gasoline taxes paid on personal travel. This cost can be guaranteed as a duty derivation on the off chance that an individual vehicle is utilized for business purposes and while utilizing the real cost strategy under the standard allowances.
Is it possible to claim gambling losses as other deductions?
Under "Other Miscellaneous Deductions," on Schedule A, Itemized Deductions, you can claim gambling losses up to the amount of your winnings.You cannot report the difference between your gambling winnings and losses.
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ridge crest company has beginning retained earnings of $25,000, ending retained earnings of $33,800, and net income of $16,500. what was the amount of dividends declared during the year?
The amount of dividends declared during the year is $2500.
What is dividend?A company's distribution of profits to its shareholders is known as a dividend. A corporation is able to distribute a portion of its profit as a dividend to its shareholders when it generates a profit or surplus. Any remaining funds are withdrawn and reinvested back into the company (called retained earnings). A corporation is typically not allowed to pay a dividend out of its capital; therefore, both the profit from the current year and the retained earnings from prior years are eligible for distribution. The dividend that a shareholder receives is considered income by the shareholder and may be liable to income tax (see dividend tax). This income is taxed in different ways depending on the jurisdiction. Dividend payments made by the corporation are not tax deductible.
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because positive accounts receivable confirmations require customer responses, any accounts with no responses must be
Because positive accounts receivable confirmations require customer responses, any accounts with no responses must be verified by the auditor using alternative procedures.
Accounts receivable (AR) is the remaining amount owed to a business for goods or services that have been delivered or used but have not yet been paid for by clients. Customers' unpaid debt for purchases they made with credit is referred to as AR. Accounts receivable, also known as AR or A/R, are legally enforceable claims for payment that are held by a company for goods supplied or services provided that customers have ordered but have not yet paid for.
A customer is the recipient of a good, service, product, or idea in sales, commerce, or economics that they have purchased from a seller, vendor, or supplier in exchange for money or another valuable consideration. A customer is a person or company who makes a purchase of goods or services from another business.
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What is the difference between a mixed command and market economy?.
In a mixed command economy, both the individual and the government regulate production and distribution. But in a market economy, the individuals have more freedom in any judgement.
What is the difference between a mixed command and market economy?The system is governed by the government in a command economy. A mixed command economy is controlled by both the government and the market in equal measure.While the majority of countries primarily have a command or market economy, they all also have elements of the other.A nation's economic system and political system are closely intertwined since a command economy necessitates a sizable administrative state.A market economy, has no government intervention and is primarily governed by the law of supply and demand.A free market economy has unplanned activity. It is not governed by a single entity, but rather by the supply and demand for products and services. Private ownership and voluntary exchanges/contracts are used in market economies as the means of production.To learn more about market economy, refer:
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Printing money can be a great way to charge up an economy, but it can also lead to _____.
An economy can be "charged up" by printing money, but it can also result in Fiat money which has an objective value.
Explain about the Fiat money?Government-issued currency known as "fiat money" is not backed by a physical good like gold. Because they can manage the amount of money printed, central banks using fiat money have more power over the economy. The majority of contemporary paper currencies, including the dollar are fiat currencies.
Instead of being backed by a tangible good or financial instrument, fiat money is issued by a nation's government. This indicates that the majority of coin and paper currencies in use today are fiat currencies. This covers the British pound, Indian rupee, euro, and the US dollar
Some individuals use the word "fiat currency" to refer to any money that issuing governments utilize as legal tender.
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the acme global corporation is implementing a new software program for entering sales data. madelaine has been telling the other sales people that the new software is really going to be used to reduce the number of sales positions in the organization. she has told the junior sales persons that they should start looking for new jobs because the company is going to eliminate their positions when the new software comes online. madelaine is in the _________ stage of the change process.
If she has told the junior sales persons that they should start looking for new jobs because the company is going to eliminate their positions when the new software comes online. madelaine is in the denial stage of the change process.
What is Denial stage?Denial stage can be defined as the stage that enables people to overcome the bad feelings they are having by trying to forget the event or act as if the event never happen.
Example of denial stage is when someone loss a loved one in which the person tend to make sure that they do not think about it so as to prevent them from been emotional about the sad event because they knows that by doing that it will help to relieve the pains of losing their loved ones.
This scenario best illustrate denial stage which is why Madelaine she told the junior sales persons to start looking for new jobs because she felt the company is going to eliminate their positions.
Therefore Madelaine is in denial stage.
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