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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wayne sells fire protection systems to companies and government agencies. he has a yearly sales goal and receives a percentage of this goal for each system he sells; the more he sells, the more money he makes. how is wayne being compensated? multiple choice question.
If Wayne sells fire protection systems to businesses and government agencies, Wayne will be paid via a commission structure.
A government or state agency, occasionally an appointed commission, is a permanent or semi-permanent organization in the legislative and government agencies executive branches of government that is in charge of supervising and managing particular tasks, like administration. There is a noticeable range in the types of agencies. Despite variations in terminology, a government agency is typically distinct from a commission department or ministry as well as other categories of public bodies created by the government. The roles of different types of commission organizations (like commissions) are typically established in an advisory capacity, so an agency's duties are typically of an executive nature. Although this distinction is frequently blurred in practice, it is not permitted.
A federal system allows for the creation of government agencies by both the federal government and state governments. Legislation or executive authority can both be used to create agencies. government agencies also have varying degrees of autonomy, independence, and accountability.
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Anita is a top manager at z-tech. She has the formal authority to control and use z-tech resources because of her hierarchical position in the firm. Given only this information, what type of power can we say anita has?.
In the given situation, Anita has (E) Legitimate powers.
What is Legitimate power?The formal authority granted to a person within an organization is known as legitimate power. Legitimate power is a type of positional power because it derives from a position or work title.The power that originates from a person's organizational job or position is known as legitimate power. For instance, a manager may allocate projects, a police officer can detain a person, and a teacher can give grades.Anita, for instance, is a senior manager at Z-Tech. Because of her position in the company's hierarchy, she has the legal right to manage and utilize Z-tech resources. We can infer from this evidence alone that Anita is in possession of legitimate power.Therefore, in the given situation, Anita has (E) Legitimate powers.
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Complete question:
Anita, a top manager at Z-Tech, has the formal authority to control and use Z-Tech resources because of her hierarchical position at the firm. Given this information, what type of power does Anita most likely have?
A. Reward power
B. Referent power
C. Coercive power
D. Expert power
E. Legitimate power
In which of the following situations should you use
a database? Choose all that apply.
when you have one data table
when you have several interrelated data
tables
when you have thousands of records
when you need to make complex calculations
when you need to have many users
simultaneously access the data
Among the given situations, when we should use a database are:
B. when you have several interrelated data tablesC. when you have thousands of recordsD. when you need to make complex calculationsF. simultaneously access the data.What is the meaning of database?In computer science, a database refers to an organized collection of structured information or data that are typically stored electronically in a computer system. It is usually controlled by a database management system.
All together, the data's, database management system with the applications that are associated with them are referred to as a database system which is often shortened to just database.
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Answer: B C E
Explanation: Edge 2023
the additional incentive that the purchaser of a treasury security requires to buy a long-term security rather than a short-term security is called the
The term premium is characterized as the remuneration that financial backers expect for bearing the gamble that loan fees might change over the existence of the bond.
The term premium must be estimated, typically based on financial and macroeconomic variables, as it cannot be observed directly.
Which long-term securities are risk-free from default?
Because they are guaranteed by the United States government, Treasury bonds, notes, and bills carry no default risk.If held until maturity, investors will receive the bond's face value.However, the difference between the purchase price and sale price of the Treasury may result in a gain or loss if it is sold prior to maturity.
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coby owns a chain of doggie daycare centers and wants to open a new location. what would be his most important consideration when determining where to build?
One of the key factors in choosing when to build will be the possibility to use a single provider for pet supplies.
A lone source buy occurs when, to the best of the requester's knowledge and belief, based on careful study, only one supplier is capable of providing the requested good or service.
Doggie daycare centers have a lot of room for expansion. Customers require pet food, therefore since their product demand is inelastic, they can anticipate a steady revenue stream that is necessary for growth. A pet shop may even start to gain favor as a neighborhood supplier.
They also offer a space for you to browse, which can help you learn about new items, inspire fresh ideas for how to make your pet's life better, or even help you decide whether pet ownership is right for you.
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when two firms in one industry join together as one company in order to hold a greater share of the industry, it is referred to as
When two firms in one industry join together as one company in order to hold a greater share of the industry, it is referred to as consolidation.
In technical analysis, consolidation describes an asset's oscillation between a well defined pattern of trading levels. Consolidation is a collection of financial accounting statements that represent (consolidate) a parent and subsidiary company as one entity.
Any time period's price charts can display periods of consolidation that last for a few days, a few weeks, or even several months. Technical traders look for support and resistance levels on price charts before using these levels to determine whether to buy or sell. A number of events, including as the release of news that is materially significant or the activation of a string of limit orders, can end a consolidation trend.
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item 4 your credit card company charges you 1.43 percent per month. what is the ear on your credit card?
Your EAR on your credit card will be 1.4394% if the credit card company charges you 1.43 percent per month.
Formula to calculate EAR
Effective Annual Interest Rate=(1+ r/n)ⁿ −1
where:
i=Nominal interest rate
n=Number of periods
i=(1+r/n)ⁿ−1
i=(1+0.0143/12)¹²−1
i=0.014394
I=i×100=1.4394%
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Gloria has a coffee shop and has been in business for years. She has many customers that are regulars, but she's looking to acquire more. So far, she has signs around the neighborhood, a tv commercial, an ad in the newspaper, and coupons sent to everyone in the area. Which form of advertising can she utilize now that she hasn't already?.
Since she hasn't done so already, Gloria can now use radio advertising.
What exactly do you mean by marketing?Advertising is defined as a tactic used to draw the public's attention to a certain commodity or service.In order to catch their attention, encourage interaction, and increase sales, advertisements are used to introduce a viewership to a product, brand, or service.Consumers are introduced to new goods, services, and concepts through advertising.In this instance, it alludes to the launch of products and the pursuit of mass consumers.Marketing communications like advertising are used to sell or advertise a company's products or services.The Latin root of advertising means "to bring attention to." The act of acquiring commercial time on well-known radio stations to advertise your goods and services is known as radio advertising.Your company and others like it pay for every second of airtime, and the station plays your radio advertisements for its listeners.To learn more about advertising refer
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Answer:
B. Radio
Explanation:
It's the only answer that would make sense.
Sarah is concerned about identity theft. She wants to check her overall credit worthiness. Sarah should most likely.
She should call her bank to report her card as lost or stolen. check her credit history from a credit reporting agency. Think about similarities and differences between debit and credit cards.
The ability for people to have the resources and power to realize their potential is known as agency. Structure, for instance, refers to the influences (such as social class, religion, gender, ethnicity, ability, customs, etc.) that shape or constrain agents and their choices. For the sake of clarity, we can broadly classify the various types of agency that offer marketing and communication services to businesses into three groups: creative, marketing, and advertising. Credit is the trust that enables one party to give money or resources to another party, with the understanding that the second party will not immediately pay back the first party. Credit is the capacity to borrow money or to access goods or services with the understanding that you will pay back the provider later.
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as an investor studying the gold standard, kareem knows that he would need more than 1,500 euros to purchase one ounce of gold. these euros represent the
Kareem understands that he would require more than 1,500 euros in order to buy one ounce of gold as an investor researching the gold standard. The gold par value is represented by these euros.
How is the gold standard implemented?In a par value system, member nations fix the value of their national currencies in relation to gold or the US dollar.
The "gold standard" is a monetary system that directly correlates the value of a country's currency or paper money with the price of gold. Under the gold standard, nations agreed to exchange paper money for a specified quantity of gold. In a country that follows the gold standard, the price of gold is fixed, and gold is bought and sold at that price.
Why is there no longer a gold standard?Due to its tendency for volatility and the restrictions it placed on governments, the gold standard was abandoned. By maintaining a fixed exchange rate, governments were prevented from implementing expansionary policies to, for example, lower unemployment during economic downturns.
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Wilkinson sword exchanged some of its knives for advertising used to promote its razor blades. This is an example of.
Wilkinson sword exchanged some of its knives for advertising used to promote its razor blades. This is an example of barter.
Advertising is the practice and technique used to attract attention to a product or service. Advertising aims to bring a product or service to the fore in the hope of capturing the attention of consumers.
Brand advertising is a form of advertising used to create awareness of a brand, product, or service in order to build customer identity and loyalty. It can use all the popular advertising techniques, such as social media advertising or search engine advertising. Advertising is a marketing tactic that involves paying for space to promote a product, service, or cause. The actual promotional messages are called advertisements or advertisements for short. The goal of advertising is to reach people who are most likely to be willing to pay for a company's product or service and entice them to make a purchase.Learn more about advertising here: https://brainly.com/question/25785890
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From mid-october to the first week in november, what are some of the items markets and shops stock up on?.
From mid-october to the first week in november, some of the items markets and shops stock up on Skeletons and other macabre toys
What does Day of the Dead celebrate?From mid-october to the first week in november, some of the items markets and shops stock up on Skeletons and other macabre toys .In Mexican tradition, the skull denotes death and rebirth, which is why Day of the Dead celebrations are held.Local culture regards the afterlife as equally, if not more, vital than life on Earth.The skull represents both life and the afterlife. Da de los Muertos, also known as Day of the Dead, is a Mexican holiday that honors ancestors and loved ones who have passed on to the spirit world.After Halloween, celebrations are held on November 1 and 2, which are two major Catholic holy days, All Saints Day and All Souls Day.To learn more about Day of the Dead refer
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your market consists of a specific group of consumers who are interested in your product, have access to it, and possess the means to buy it
your target market consists of a specific group of consumers who are interested in your product, have access to it, and possess the means to buy it
A target market is an identifiable group of people who share particular qualities and to whom a company offers its goods or services. Target markets assist businesses in thoroughly understanding their potential customers so they can develop marketing strategies that support their business and marketing goals.
By identifying their target market, marketers may concentrate on the people who are most likely to buy their products. Research and funding are concentrated on the clients who, through reducing the population, have the greatest chance of success.
Choosing a target market has the straightforward goal of concentrating marketing efforts by having a thorough understanding of the potential buyers of a good or service. Businesses can create marketing strategies that appeal to and reach their target market by having a deep understanding of their target market.
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in a different video, wendy, co-owner of metropolitan bakery, outlines their clear-cut training program as an orientation, which includes three shifts with a seasoned associate, scripts, quizzes, follow-up quizzes, and constant check-ins. what kind of performance appraisal would be especially effective with this training program?
A performance appraisal that emphasizes the developmental appreciation of individual performance achievements would work particularly well with this training program.
What exactly is a performance appraisal?The term "performance appraisal" refers to the routine assessment of a worker's output and overall contribution to a company. A performance assessment, sometimes referred to as a yearly review, performance review or evaluation, or employee appraisal, assesses the abilities, successes, and growth—or lack thereof—of an employee.
Performance reviews are used by employers to provide employees with comprehensive feedback on their work and to support choices on salary raises, incentives, and termination. Although they can be carried out at any time, they usually happen annually, semiannually, or quarterly.
Differentiating between individual and organizational performance in performance reviews can be challenging. It can be harmful if an evaluation's design doesn't take the organization or company's culture into account. Employees said they are generally unhappy with their performance review procedures.
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athena, a sales representative, was terminated from her position at ross manufacturing. on athena's last day of work, she was given a check for $5,000. what did athena most likely receive from ross manufacturing?
Athena a sales representative most likely receive severance pay from Ross Manufacturing
The compensation and/or benefits that an employer offers to a former employee after their employment ends are known as severance pay. Extended benefits like health insurance and outplacement support to aid an employee in finding new employment may be included in severance packages.
Severance pay is not mandated by the Fair Labor Standards Act (FLSA). Every owner and a worker (or the employee's representative) must agree on the terms of severance pay. In addition to other things, severance agreements may forbid an employee from working for a rival company and waive the right to file a lawsuit against the former employer.
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Mr Brown owned a sole proprietorship business for the last ten years. He has now decided to expand his business and move from a sole trader business to a partnership business with five of his friends.
Explain THREE benefits Mr. Brown will receive from moving from a sole trader to a partnership
The benefit of Partnership over sole proprietorship is that
better managementmore capital is available for the businessgreater borrowing capacitymore availability of resourcesWhat is Partnership?
By definition, a partnership business consists of two or more individuals who pool their resources to start a company and agree to divide the risks, gains, and losses. Some of the examples of partnerships firms are law firms, medical groups, real estate investment firms, and accountancy groups.
What is Sole-Proprietorship?
A sole proprietorship is a type of business that is owned and operated by one person and in which there is no legal separation between the owner and the business entity. It is also known as a lone tradership, proprietorship, or individual entrepreneurship.
With this we can say a partnership brings more resources, profits, and heads for better management.
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what is the goal of operations management in service industries? multiple choice question. to create jobs for the local community
The goal of operations management in service industries is to making employees' life as easy as feasible will enable them to work as productively as possible.
Making employees' life as easy as feasible will enable them to work as productively as possible, according to a service industries manager. It's crucial that the business do this part right. Regardless of the industry or size, supply chain management is crucial for a company's overall performance.
The everyday operational decisions that service management must make are complicated by several varying factors.
The day-to-day management of a service organization is under the purview of service industries managers. They must make sure that clients are happy with the outcomes and that the organization's services are provided properly and efficiently. The primary distinction between service operations and operations management is that the former is focused on providing customer service.
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the set of principles, concepts, and practices that lead to the development of a high quality system or product is known as:
The set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.
What is a Software design?Software development includes the development of a high-quality system or product, design concepts and processes, and a set of guiding principles. Design work is established by design principles. The use of design practices results in a variety of software representations being made.The process of imagining and specifying software solutions to one or more sets of issues is known as software design. Software requirements analysis is one of the key elements of software design (SRA). The software development process includes a step called SRA that has a collection of requirements applied to software engineering. We use five steps in the software design process at its most fundamental level: research, ideation, design, development, and iteration.
Therefore, the set of principles, concepts, and practices that lead to the development of a high-quality system or product is known as software design.
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Monopoly profit will _____ when a monopolist goes from single-price monopoly to perfect price discrimination.
Monopoly profit will charge different when a monopolist goes from a single-price monopoly to perfect price discrimination.
Discrimination approach treating some humans differently from others. It is not illegal - after all, people are paid one-of-a-kind wages relying on their popularity and abilities. however, there are positive motives for which your company can not discriminate against you by regulation. If someone discriminates in a good way to satisfy a few other individuals' wishes, it's also discrimination.
An example of this is a landlord who refuses to permit a person with a sure incapacity to rent a rental because the alternative tenants do not want to have a neighbor with that disability. Discrimination takes place whilst people are dealt with less favorably than different humans are in a comparable scenario most effective due to the fact they belong or are looking as if it would belong to a positive organization or class of human beings.
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What is the process by which goods, services, capital, people, information, and ideas flow across national borders?.
The process of globalization is how concepts, information, expertise, goods, and services go across national and international borders.
What is globalization?According to the online course Global Business, globalization is the expansion of the flow of products, services, capital, people, and ideas across international borders.Professor Forest Reinhardt, who teaches Global Business at Harvard Business School, claims that "we live in a globalized age." In other words, national economies are linked to one another more closely than before.You need a firm grounding in the fundamentals of business globalization whether you're trying to learn more about your multinational company or considering expanding your operations abroad. What it means to be an international firm, things to think about while addressing the global business scene, and how to increase your knowledge are all covered in this primer.To Learn more About globalization refer to:
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which types of stores are characterized by specialty goods for which customers need assistance and higher operating costs that are passed along to customers as higher prices?
Full service stores re characterized by specialty goods for which customers need assistance and higher operating costs that are passed along to the customers as higher prices.
What are operating costs?Operational costs, also known as operating expenses, are costs incurred in order to maintain a facility, a device, a component, or a business. They represent the price a company pays for the resources it needs to use just to stay in business. The price of resources used by a company just to continue to exist is what is referred to as overhead costs in business. Although non-monetary overhead is less common and typically takes the form of the time needed to complete tasks, it is still possible. It's the regular, usual, and customary recurring costs of operating the equipment in the case of a device, component, piece of equipment, or facility. Capital expenses for building or purchasing the equipment are not included in this.
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When taking out student loans, what do you call the signed agreement to pay them back?.
You legally agree to repay the amount you borrowed, plus any accrued interest and fees, by signing a Master Promissory Note.
A promissory word, every now and then called a notice payable, is a legal instrument (more especially, a financing instrument and a debt instrument), wherein one birthday celebration (the maker or company) guarantees in writing to pay a determinate amount of cash to the opposite (the payee), both at a fixed or determinable future time or on demand of the payee, underneath particular phrases and situations. The phrases of a note commonly consist of the fundamental amount, the interest price if any, the events, the date, the phrases of compensation (which can include interest) and the maturity date. From time to time, provisions are protected concerning the payee's rights inside the occasion of a default, which can also encompass foreclosure of the maker's belongings. In foreclosures and agreement breaches, promissory notes under CPLR 5001 allow lenders to recover prejudgement hobby from the date interest is due until legal responsibility is installed.
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if the time to consume is longer than the time to produce, then multiple concurrent consumers can be used to keep the producer busy at all times. determine the number of concurrent consumers and the number of buffers needed when c
If the time to consume is longer than the time to produce, then multiple concurrent consumers can be used to keep the producer. busy at all times.
What do you mean by Consumption?Institutional units use up goods or services through the activity of consuming, which can be either final or intermediate. It is the utilization of products and services to fulfill personal or societal needs and desires.
We are attempting to synchronize more than one process in the Producer-Consumer dilemma, which is a classic multi-process synchronization challenge. In the producer-consumer conundrum, there is only one Producer who creates some goods, and there is only one Consumer who consumes those goods. The same fixed-size memory buffer is shared by both producers and consumers.
As a result, if the time to consume is longer than the time to produce, then multiple concurrent consumers can be used to keep the producer. busy at all times.
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Bonds that are subject to retirement at a stated dollar amount prior to maturity at the option of the issuer are called?.
Bonds that can be redeemed at a predetermined dollar amount prior to maturity at the issuer’s discretion are referred to as callable bonds.
The purpose of issuing bonds, a sort of financial instrument for the firm, is to entice capital from investors. Bonds are fixed-income securities that give bondholders monthly interest payments and redeemed bonds at par value. Bonds may be sold for their face value, more, less, or none at all.Callable bonds are those that can be issued at the issuer’s discretion and have a call feature.These bonds are callable at any moment before to maturity for a predetermined sum of money.The answer is callable bonds because they are the type of bond that give the issuer of the bond the right to return the investor’s principal and stop interest payments before the bond matures. However, callable bonds typically come with restrictions on the call option, and they will only be advantageous to the bond issuer if the interest rate is anticipated to fall.
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On january 1, lorraine, inc. , entered into a lease contract. The lease contract was a ten-year lease for a computer with $11,000 annual lease payments due at the end of each year. Lorraine took possession of the computer on january 1. The present value of the lease payments under the lease contract is $79,823. The lease contract is a finance lease. Prepare the journal entry for this lease on january 1.
General journal entries are recorded immediately in the frequent ledger, and no longer via a specific module or automatically as invoices or money receipts are processed. An example is an entry to record depreciation expense.
What is the easiest way to research journal entries?An easy way to understand journal entries is to assume of Isaac Newton's third law of motion, which states that for each and every action, there is an equal and contrary reaction. So, on every occasion a transaction takes place inside a company, there have to be at least two accounts affected in contrary ways.
What is primary journal entry?A easy journal entry is an accounting entry in which simply one account is debited and one is credited. The use of easy journal entries is stimulated as a excellent practice, on account that it is simpler to recognize these entries.
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https://brainly.com/question/28390337#SPJ4if income increases from $20,000 to $30,000 and $1,000 of the new income is saved (but a total of $6,000 of the $30,000 is saved), then the apc is .
If income increases from $20,000 to $30,000 and $1,000 of the new income is saved (but a total of $6,000 of the $30,000 is saved), then the apc is 0.8.
What is APC?
APC stands for Average Propensity to Consume that measures the percentage of income that is spent rather than saved. This may be calculated by a single individual who wants to know where the money is going or by an economist who wants to track the spending and saving habits of an entire nation.
How to calculate APC?
APC = C / Y
where C is total consumption = 30,000 - 6,000 = 24,000
Y is disposable income = 30,000
so let's use the formula
APC = 24,000/30,000
= 0.8
Therefore, you consume around 80% of your income.
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dollar co. sold merchandise to pound co. on account, $25,500, terms 2/15, net 45. pound co. paid the invoice within the discount period. what is the amount of sales from the above transactions? group of answer choices
The sales amount to be recorded for the transaction is $25,500
The perpetual method and the periodic method are both ways of keeping inventory records. The accounting entry for sales will be made as the sale is made and will consist of two entries: one for the cost of goods sold and one for the sales revenue account.
The sales were on account for $25,500 and assumed to be booked on gross value, and will be debited to accounts receivable and credited to Sales revenue. The sales discount is 2% paid within 15 days of the invoice date and will be debited to the sales discount and credited to accounts receivable
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What are the main factors to determine a currency?.
When a country's inflation rate could be persistently low, the value of its currency rises. This was due to the currency's disposable income increasing relative with the other currencies that it is being compared.
Interest rates, trustworthiness, the checking account on balance of payments, wealth creation, and comparative inflation rates all influence exchange rates.
The value of a currency was determined by the aggregate supply as well as demand. A variety of factors influence supply as well as demand, namely interest rates, hyperinflation, capital flow, as well as money supply. Currency values are the most popular way to value currency.
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When a company owner practices price discrimination, the marginal revenue of an extra unit sold.
When a business owner uses price discrimination, the marginal revenue curve and the market demand curve are in line, therefore the marginal revenue is the same as the product's price.
The additional money made by selling one more unit of output is known as marginal revenue. The law of diminishing returns eventually leads marginal revenue to start dropping as output level grows, even though it can stay constant at a certain level of output.
The incremental cost or profit made when producing the following item is referred to as marginal. While marginal cost is the additional expense for producing one extra unit, marginal product is the increased revenue.
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hector and his team work for an educational publisher. the team has to write a report comparing the textbooks of three competitors. who would be the best person to polish the final version of their report so it has a consistent voice?
The correct answer is Lin, who has four years of experience as an educator in an education field.
Companies that publish products specifically for educational markets, such as schools, colleges and universities, training programmes, etc., are known as educational publishing companies. Textbooks, abstracts and indexes, study materials, etc. may fall under this category.
Learning materials created by educational publishers are suitable for their intended use, based on research and testing, and created to encourage academic success. They are also modified to meet the changing needs of students and teachers.
The group should thoroughly define the duties and expectations members have for one another early on in the group writing process. Make sure to include in this discussion an equitable distribution of time and contribution obligations.
As the group makes its plans, it should designate subject-matter experts and assign responsibilities for conducting research and writing. Because of his background as a teacher, Lin would be given the task in this case of analysing the competition's instructional strategies.
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