The demand for z is inelastic.
What are inelastic demands?When a change in a product or service's price does not result in a proportionate or noticeable change in the demand for it in the economy, this is known as inelastic demand. It alludes to a specific kind of demand elasticity.
In other words, it emphasizes the demand that is unaffected by price changes. Demand essentially stays the same regardless of price movement.
Electricity is one of the straightforward examples; a rise in price won't make people use less of it, and a fall in price won't make them use more.
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You wish to buy a $20,000 car. the dealer offers you a 6-year loan with an 8 percent apr. what are the monthly payments?
To buy a $20,000 car. the dealer offers you a 6-year loan with an 8 percent apr.
$72.88 are the monthly payments.
Given Amount = $20000
Months or time = 72 months
Rate of Interest = 8%
EMI = [P x R x (1+R)^N]/[(1+R)^N-1]
EMI = 20000* 0.0066667 * (1.0066667)^72)/ (1.006667)^72 -1
EMI = 133.334 * 1.6135/1.6135-1
EMI = 133.334 * 16135/0.6135
EMI = 350.66
So monthly payments are = $350.66
If I pay Interest only than payment would be = 350.66 - (20000/72) = 350.66 - 277.77 = $72.88.
In finance, a loan is the lending of money by one or more individuals, organizations, or other entities to other individuals and organizations, etc. The beneficiary incurs a debt and is generally required to pay interest on that debt until the debt is repaid as well as the principal amount borrowed.
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It is not important to determine who is a taxpayer’s dependent because taxpayers are not allowed to claim a deduction for dependents. True or false?.
This statement is false.
Who are Taxpayer’s Dependents?A person who lives with the taxpayer and is a tax dependent can be their child, spouse, parent, or even an unrelated acquaintance. A taxpayer may use dependents as an exemption to lower the amount of taxes that must be paid. Each one will reduce the amount of income that the taxpayer will be required to pay taxes on. The Internal Revenue Service refers to this as a dependent exemption.To learn more about Taxpayer’s Dependents, refer to:
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The fact that black diamond has employees working in the organization from all around the world demonstrates?
The fact that black diamond has employees working in the organization from all around the world demonstrates cultural competence.
Cultural competence often referred to as inter-cultural competence, is a collection of cognitive, emotional, and behavioural abilities that facilitate acceptable and successful communication with others from different cultures. The process of being culturally competent is known as inter-cultural or cross-cultural education. A system, agency, or group of professionals who are culturally competent are able to function well in cross-cultural settings. Cultural competence is a collection of consistent behaviours, attitudes, and policies. The term "cultural competency" in the context of health care refers to a system's capacity to offer services in a way that takes into account the social, cultural, and linguistic requirements of patients while also accommodating individuals with a variety of beliefs, and behaviours.
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A form describing the goods or services sold, the quantity, the price, and the terms of sale.
A form describing the goods or services sold, the quantity, the price, and the term of sale is known as an Invoice.
What is an Invoice?An invoice, bill, or tab is a business document that a seller issues to a buyer in connection with a sale transaction.It lists the goods, quantities, and prices that were agreed upon for any goods or services that the seller has delivered to the customer.In most cases, the invoice includes the payment terms. Some sellers clearly indicate in huge, capital letters on an invoice if it has already been paid in order to prevent misunderstandings and the ensuing needless interactions from buyer to seller.An invoice is a sales invoice in the seller's eyes. An invoice is a purchase invoice in the eyes of the buyer. Although the term invoice implies that money is owed or owing, the document identifies the buyer and seller.
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Which company generated higher cash flow from each dollar of sales in the current year?
Which company generated higher cash flow from each dollar of sales in the current year: Integrated Devices with 21.4%
What is a fixed cost?Fixed costs, sometimes referred to as indirect costs or overhead costs in accounting and economics, are costs incurred by a corporation that are independent of the volume of goods or services the company produces. They frequently occur again and again, like monthly rent or interest payments. These expenses are often capital expenses as well.Costs that are fixed are those that don't change based on volume. Most fixed costs are expenses that depend more on time than on how much your company produces or sells. Rent and leasing charges, salary, energy prices, insurance, and loan repayments are a few examples of fixed costs.Rent and mortgage payments are two examples of fixed expenses. Auto loans. Additional loan paymentsTotal production costs — (Variable cost per unit multiplied by the number of units produced) = Fixed costs.Cash return on assets = Operating cash flows /Average total assets
Integrated devices
= 150,000/[(800,000+600,000)/2] = 21.4%
Allied corporation
= 120,000/[(750,000+500,000)/2] = 19.2%
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E. if the debit column total of the trial balance is $166,950 before correcting the error, what is the total of the credit column before correction?
The total of the credit column before correction is $304950.
The trial balance is a list of all the general ledger accounts contained in the general ledger of the company. This list will contain the name of each nominal ledger account and the value of that nominal ledger balance. Each nominal ledger account will have either a debit balance or a credit balance.
Trial Balance is an accounting spreadsheet where the balances of all ledgers are aggregated into equal totals of debit and credit account columns.
Accounts Payable posting which needs to be posted correctly as credit with an amount of $ 16050 instead of that accounts payable is posted with a debit of $ 16050. This has resulted in a double impact on the debit balance with an amount of $32100 (16050*2).
So, the total of the credit column before correction
= $337050-$32100
=$304950
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Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the ________ effect.
Economists refer to the series of induced increases in consumption spending that result from an initial increase in autonomous expenditures as the multiplier effect.
The expenditure multiplier effect occurs when an initial increase in spending cycles through the economy and has a greater impact than the initial dollar funds spent. The reason for this is that a change in accumulated expenditures ripples through the economy: firms pay workers and suppliers, households buy from firms, workers and suppliers purchase goods from other firms, and so on. The original change in accumulated expenditures is thus spent more than once.
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When one material weakness is present at the end of the year, management of a public company must conclude that internal control over financial reporting is:__________
When one material weakness is present at the end of the year, management of a public company must conclude that internal control over financial reporting is ineffective.
What happens when a company has a material weakness?Material weaknesses can unfavourably influence a company's reputation and, hence, its value. A company's stock cost may drop as a few investors regard the company as a risky investment. Depending on the result of the weakness, the company may use expansive sums to cover legal and extra outside auditing expenses.
A material weakness may be a lack, or a combination of deficiencies, in internal control over financial detailing, such that there's a sensible plausibility that a material error of the company's yearly or between times financial statements will not be anticipated or identified on a timely premise.
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Network design is a serious tactical concern for operations and supply chain management. true false
Answer:
true
Explanation:
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Money is invested into an account earning 4.25% interest compounded annually. if the accumulated value after 18 years will be $25,000, approximately how much money is presently in the account? a. $5,875 b. $11,820 c. $19,125 d. $23,960 please select the best answer from the choices provided a b c d
The principal amount currently in the account is $11820. Hence, b is the correct option.
This is a question of compound interest. The interest on a loan or deposit that is calculated using both the initial principal and the accrued interest from prior periods is known as compound interest.
Rate of interest compounded annually = 4.25%
The time period in years = 18 years
Accumulated value = $25000
The formula for compound interest:
A = P(1 + r/100)^n
where A = total amount after n years
P = principal amount invested
r = rate of interest
n = number of years
Substituting the values in the formula we get:
25000 = P(1 + 4.25/100)^18
25000 = P(1.0425)^18
25000 = P*2.1152
P = 11819.21 or 11820
The principal amount currently in the account is $11820
So, the correct answer is b. $11820
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Answer:
B
Explanation:
Suppose it costs $50 to roll a pair of dice. you get paid 7 dollars times the sum of the numbers that appear on the dice. what is the expected payoff of the game? is it a fair game?
Expected Payoff will be 49 and it is not a fair game.
Let X = Payoff on the game
X = Y - 50
where, Y = Gain during the game
Therefore, Expected Payoff = E(X) = E(Y) - 50
E(Y) = ?
E(Y) = ∑yPr {Y=y}
E(Y) = (14 x 1/36) + (21 x 2/36) + (28 x 3/36) + (35 x 4/36) + (42 x 5/36) + (49 x 6/36) + (56 x 5/36) + (63 x 4/36) + (70 x 3/36) + (77 x 2/36) + (84 x 1/36)
= 882/18
= 49
Therefore, Expected Payoff = E(X) = 49 - 50 = (-1)
Expected Value = (-1) < 0
An event's expected value is calculated by dividing its likelihood by the number of times it will occur. By dividing the likelihood of each event by the amount of money earned or lost, you may determine the expected value of money made when expected value problems involve money. Each possible result must have an equal chance of occurring, or the expected value must be zero, for a game to be fair.
Therefore, it clearly states that it's not a fair game.
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Corporate strategy, business unit strategies, innovative thinking, and technology innovations are all _____.
A corporate strategy, business unit strategies, innovative thinking, and technology innovations are all the main drivers that set the organizational strategy and determine the future IT investment.
What is an organizational strategy?In a business, this kind of strategy are often a long-term plan that allocates how a company plans to use its resources to support business activities. An organizational strategy serves as a guidance for how a company can achieve its objectives; firm also use these strategies to help them meet their goals and develop strategic plan
In conclusion, the corporate strategy, business unit strategies, innovative thinking, and technology innovations are all the main drivers that set the organizational strategy and determine the future IT investment.
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The normal balance of an expense account is a ________ while the normal balance of a revenue account is a ________.
The normal balance of an expense account is a debit while the normal balance of a revenue account is a credit.
What are the differences between a debit and a credit?
The way money transfers throughout a corporation determines the distinction between debit and credit in accounting.
A debit occurs when money leaves an account, whereas a credit occurs when money enters the account. In an accounting transaction, a debit is typically abbreviated as dr., whereas a credit is typically abbreviated as cr.
A debit transaction, such a credit card purchase, boosts an asset's worth or lowers a liability's total.
A credit account, on the other hand, has the opposite result. It raises the amount of the liability while decreasing the value of an asset.
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Explain why manufacturing overhead cost shifts from model n500 to model n800 xl under activity-based costing
Overheads are transferred from the high-volume product The Boot to the low-volume product Club. Allocating overhead in ABC usually results in higher unit prices for lower volume products.
When activity-based costing is used, traditional costing systems assign product-level costs to all products using direct labor hours or other relevant Cost shifts from high-volume products to low-volume products. volume.
The cost flow is the same as in activity-based costing systems with one exception. Instead of using factory-wide overhead rates to allocate or apply overhead to products, the ABC system uses multiple overhead rates to allocate overhead. Activity-Based Costing ABC allocates manufacturing overheads to products in a more logical way than the traditional approach of simply allocating costs based on machine hours.
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Economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs, whether environmentally, socially or economically is called ______.
The correct answer is sustainable development.
Economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs, whether environmentally, socially or economically is called sustainable development.
Sustainable development is a strategy to a nation's economic growth without sacrificing the environment's quality for present and future generations. The cost of environmental harm is paid in the form of deforestation, air and water pollution, soil erosion, and other environmental deterioration in the name of economic progress. The negative effects can outweigh the benefits of producing more high-quality goods and services.
The clearance of forested land is known as deforestation. Forests have been cleared throughout history and into the present era to make room for agriculture and animal grazing as well as to obtain wood for fuel, manufacture, and construction.
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Apple pay is marketed at both consumers and retailers who choose to accept it for payment. retailers represent which type of business market?
Reseller markets is the type of business market as Apple pay is marketed at both consumers and retailers who choose to accept it for payment .
What is meant by Reseller markets ?
An organization that purchases products or services to resell rather than use itself. This generally holds true for affiliate marketers in e-commerce. Retailers are regarded as resellers because they sell products to final customers. The fact that wholesalers sell the products they buy to retailers again makes them resellers as well.
A retailer will purchase items from a producer that he would then sell on to his consumer for a marked-up price, making a profit as a reseller. From the manufacturer through the merchant to the customer, each link in the reselling chain will notice an increase in price, with them all profiting from the resale of the items.
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Interest is $405 on a principal balance of $5,000; assuming a 7-month loan, what is the interest rate?
The calculated interest rate is 13.89% per annum.
Relation between the simple interest(S.I) , principle(P), rate of interest (r)and time (t) is given by the formula,
Simple interest = Prt/100
Now, putting the values of P, r, t we get,
S. I = 500×r ×7/100×12 (Time is taken in years, so 7months equals to 7/12years.)
400= 3500/1200× r
r = 13.9%
So, the rate of interest was calculated and found to be 13.9%per annum.
Consumer loan interest rates are often expressed as an annual percentage rate (APR). For the right to borrow their money, lenders require a certain rate of return. An annual percentage yield (APY) is the interest rate that is earned on a savings account or certificate of deposit (CD) at a bank or credit union. For instance, the interest rate on credit cards is quoted as an APR.
The stock market suffers as a result of investors choosing to take advantage of the higher rate on savings rather than participate in the stock market, which offers lower returns. Additionally, businesses have limited access to capital investment through debt, which results in a slowdown in the economy.
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WHO EVER ANSWERS CORRECT I GIVE BRAINLIEST
As a last step before Mario hits send on a company press release, what should he do to ensure it is accurate
produce an outline to organize the content in the document
double-check all spellings and numbers in the document
evaluate the logic and persuasiveness of the document
change the font that is used in the document
Answer: Produce and outline
Explanation:
The law of diminishing returns states that as additional increments of resources ______________, the marginal benefit from those additional increments _______________.
The law of diminishing returns states that as additional increments of
resources are added, the marginal benefit from those additional
increments will decline eventually.
Explanation:
When the maximum capacity is reached, the point of diminishing returns begins. Any additional unit of production would result in a fall in output or little change at this point.When we increase one input while maintaining the other production factors constant or fixed, we eventually reach a point where additional additions of this input by one unit would only result in a decrease in output or cause output to fall.In conclusion, this law states that the marginal benefit of increments eventually decreases as more are added.
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In a process with rework, we find the bottleneck as the resource with the highest implied utilization. True or false?.
In a process with rework, we find the bottleneck as the resource with the highest implied utilization.
The given statement is True
What is bottleneck process?
Products are usually produced through a lot of processes in a factory, but takes a lot of time and cost to plan the capacities for all processes. Bottleneck process refers to the process where products that require focused plans and controls are manufactured, and includes the processes requiring the machine/equipment whose quantity is limited, mold tool, and special skills. It makes the control more effective than across-the-board control to intensively control these processes by setting them as bottleneck process.
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Accounting standards prescribed by generally accepted accounting principles (gaap) are important because they:_____.
Accounting standards prescribed by generally accepted accounting principles (GAAP) are important because they aims to improve the clarity, consistency, and comparability of the communication of financial information.
What is GAAP?GAAP: The Generally Accepted Accounting Principles (GAAP) are standards and rules that guide business entities to record financial information in the books of accounts.
GAAP helps business entities to present their financial statements with utmost accuracy.GAAP facilitates the companies in explaining the legalities and complexities associated with the recording of financial information. Private companies are also required to follow GAAP because the principles define the applicability of accounting rules mandatory for all businesses.To learn more about GAAP , refer: https://brainly.com/question/24107590?referrer=searchResults
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With fixed costs of $200, a firm has average total costs of $5 and average variable costs of $3. its output is:_____.
a. need more information
b. 40 units.
c. 100 units.
d. 66.67 units.
The Output is 100 units
How do you find the average total cost from variable and fixed costs?
The formula for calculating average total cost is:
(Total fixed costs + total variable costs) / number of units produced = average total cost.
(Total fixed costs + total variable costs)
New cost - old cost = change in cost.
New quantity - old quantity = change in quantity.
The average total cost is the per-unit cost of the number of products that are made. This information is integral for making any decisions regarding product pricing. The product must be priced above the average total cost for the company to be profitable.The average total costs include both fixed and variable costs.
Fixed costs are expenses that are necessary for production but which don't change based on the number of products the company is producing.
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Pcm, inc. will need to purchase new servers for a system. this would be a _______.
PKM, LLC must purchase a new server for the system. development costs.
Development is defined as the process of the growth of new information or events. An example of development is the transformation of a caterpillar into a butterfly. An example of development is pop-up details about local robberies. An example of development is an apartment community designed for the elderly. In addition to creating better jobs, development is important to the country as it improves business and trade. As countries develop, more international companies emerge, and trade with other countries increases. This further improves the national economy and increases the number of good jobs provided.
Development is the method the writer chooses to develop a core idea. In general, we associate development with details. This is because specificity helps to make generalizations (main ideas, statements, or papers) more specific. We support continuous improvement and career growth.
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A.+if+the+bond+is+priced+at+$,+the+current+yield+is+8.09%.+(round+to+two+decimal+places.)+the+annual+yield-to-maturity+with+semiannual+compounding+is:_________
To calculate the semi-annual bond fee, take 2% of the par price of $1,000, or $20, and divide it with the aid of two. The bond, consequently, will pay $10 semiannually. Divide $10 by using $900, and you get a semi-annual bond yield of 1.1%.
Yield to maturity = [Annual Interest + {(FV-Price)/Maturity}] / [(FV+Price)/2]
Annual hobby = Annual hobby Payout by the Bond.
FV = Face price of the Bond.
rate = contemporary marketplace price of the Bond.
adulthood = Time to adulthood i.e. wide variety of years till adulthood of the Bond.
Yield is a determine that suggests the return you get on a bond. The best version of yield is calculated through the following formula yield = coupon amount/fee. when the charge modifications, so do the yield.
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Based on the post-employment conflict of interest, over time regulatory agencies can develop a bias to support the.
Based on the post-employment conflict of interest, with time regulatory agencies can develop a bias to support the desires of the firms being regulated.
A conflict of interest arises when an employee's personal interests could improperly affect how well they carry out their official duties and obligations or when they misuse their position at the workplace for their own gain.
Governmental or quasi-governmental organizations that create, oversee, and uphold laws in their purview are referred to as regulatory agencies.
Regulations are in place to safeguard people and businesses, address market inefficiencies, and simplify many areas of our lives. Hence, Agencies should be impartial, except if impartiality is impractical or undesirable.
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A 15-year corporate bond pays $40 interest every six months. what is the bond's price if the bond's promised ytm is 5.5 percent?
A future sum of money or stream of cash flows' present value, or PV, is their current value at a particular rate of return.
1,253.12
Using FV $1,000,
PMT $40, N 15 years,
P/Y2 for semiannual,
I/Y 5.5 percent.
Bond price (PV) = 1,253.12 must be solved.
Calculator Formula:
N = 30
PMT = 40,
I/Y = 2
FV = 1,000.
The result is PV = $1,253.12.
What Is Present Value (PV)?
Future cash flows are discounted at the discount rate, so the higher the discount rate, the lower the present value of the future cash flows will be. Determining the appropriate discount rate is essential for appropriately valuing future cash flows, including earnings and debt obligations.
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In a purchases journal, the total of the ________ column is not posted to the general ledge
In a purchases journal, the total of the Office Supplies DR column is not posted to the general ledger. Thus, Option D is correct.
What is a ledger?A ledger is an accounting book or group of books where account transactions are noted. Each account has an opening or carry-forward balance, and each transaction is recorded as a debit or credit in a separate column.
The account's closing balance is also recorded in this manner.
Thus, In a purchases journal, the total of the Office Supplies DR column is not posted to the general ledger. Option D is correct.
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"Your question is incomplete, probably the complete question/missing part is attached in the image below"
Extraversion, conscientiousness, and positive affectivity tend to have a substantial effect on becoming employed and coping with unemployment.
true/ false
Answer:
Explanation:
true
Markets comprised of securities with maturities of one year or less are generally referred to as:_________
Markets comprised of securities with maturities of one year or less are generally referred to as money markets or capital markets.
What are Money markets?
A part of the economy that offers short-term funding is the money market. Short-term loans are often made on the money market for a year or less.
The money market emerged as a segment of the financial market for assets involved in short-term borrowing, lending, purchasing, and selling with original maturities of one year or less when short-term securities turned into a commodity. Money market trading is wholesale and over the counter.
Most Western nations use a variety of money market products, such as federal funds, short-term mortgage- and asset-backed securities, commercial paper, banker's acceptances, deposits, certificates of deposit, bills of exchange, and treasury bills.
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The chief financial officer of gigabite company has asked you to recalculate the following accounts and report to him by week's end. what should be the amount of total manufacturing cost?
$350,000 is the amount of total manufacturing cost.
What is manufacturing cost?Manufacturing costs are the costs incurred during the production of a product. These costs include the costs of direct material, direct labor, and manufacturing overhead. The costs are typically presented in the income statement as separate line items. An entity incurs these costs during the production process.Manufacturing overhead costs are applied to units of production based on a variety of possible allocation systems, such as by direct labor hours or machine hours incurred.To learn more about manufacturing cost, refer: https://brainly.com/question/17111259?referrer=searchResults
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