At the equilibrium price and quantity in a competitive market, all of the following are true except statement B, In a competitive market, there is no excess supply or a surplus.
Competitive equilibrium is the condition in which profit-maximizing producers and utility-maximizing consumers reach an equilibrium price in competitive markets with freely determined pricing.
The quantity given equals the quantity required at this equilibrium price. In other words, both buyers and sellers are happy that they are receiving a fair price.
A competitive market is a term used in economics to describe a marketplace with a large number of buyers and vendors in which no single buyer or vendor may influence the market. Competitive markets have no entry barriers, a large number of customers and suppliers, and homogeneous products.
To learn more about equilibrium, Click here:
https://brainly.com/question/13181237
#SPJ4
Answer:
B
Explanation:
After graduating from college, Jim had two choices. He can either move to Florida, from Philadelphia, where he can work as an analyst and earn $60,000 or he can stay in Philadelphia and work in a car dealership earning $59,000. His opportunity cost of moving to Florida includes
a. The benefits he could have received from playing soccer
b. $59,000
c. both a and b
d. none of the above
Answer: D
Explanation: The opportunity cost would include something like the cost to move and none of the answer choices do that.
when unemployment insurance benefits exceed the wages a worker could earn when employed, the worker will have an incentive to
remain unemployed longer than otherwise. unemployment insurance benefits exceed the wages a worker could earn when employed, the worker will have an incentive.
A high unemployment rate has a wide-ranging impact on the economy. Unemployed people tend to spend less and accumulate more debt, and unemployment may result in increased wages payments from state and federal governments for benefits such as food stamps. Intuitively, when the state of unemployment worsens, people are more willing to work, resulting in an increase in labor supply and a fall in labor price (which is the nominal pay). The unemployment rate is the proportion of jobless persons in the labor force (the labor force is the sum of the employed and unemployed). The unemployment rate is derived by multiplying (Unemployed Labor Force) by 100.a worker could earn when employed, the worker will have an incentive.
learn more about wages here:
https://brainly.com/question/29753962
#SPJ4
which of the following characteristics of competitive markets is necessary for firms to be price takers?
In a competitive market, there are numerous sellers who are free to enter or depart the market.
Every buyer and seller in a competitive market is a price taker because there are several customers and sellers exchanging comparable goods there. Both buyers and sellers must agree on the market price. The sum of a company's sales price and amount sold is its total revenue. The amount of output is inversely correlated with total revenue. Monopolistic competition, sometimes referred to as a competitive market, is present when there are many businesses, each with a limited part of the market and marginally distinct products. Oligopoly is a market structure where a small number of companies collectively hold the majority of the market share.
Learn more about competitive market here:
https://brainly.com/question/29407851
#SPJ4
Which of the following types of departmentalization can result in a company duplicating the equipment it uses to create a product?A. FunctionalB. ProductC. ProcessD. Customer
It is possible for a business to duplicate the tools it employs to make a product as a result of certain process types of departmentalization. The right answer is c.
An organizational structure known as departmentalization divides employees into groups or departments according to a specific set of standards. These divisions cooperate to carry out responsibilities under the direction of their own leadership. On significant or challenging projects, several departments may work together.
The primary models of departmentalization are those based on function, process, product, market, customer, region, and occasionally matrix (also called project organization).
Every organization should have departments because it promotes specialization, growth and expansion, responsibility clarification, improved customer service, performance evaluation, management development, resource optimization, and improved control.
Results cannot be solely attributable to one functional head. The importance of specialization is overstated. Coordination between the various departments' activities could be challenging.
To know more about departmentalization, tap here:
brainly.com/question/29944917
#SPJ4
hawthorne employees who take on non-required extra roles (e.g., help out coworkers, train the new guy) at work are higher in altruism but lower in productivity than other employees.
The Hawthorne impact is a phenomenon that happens when humans are consciously or unconsciously aware that they are being determined and they exchange their conduct as a result.
The Hawthorne effect can be used to make bigger worker productivity or to enhance worker satisfaction.
Which of the Hawthorne studies determined that employees?Hawthorne effect. The Hawthorne research determined that personnel in the experimental group: have been more productive than different personnel regardless of the degree of lighting.
How Hawthorne impact can be used in cutting-edge workplace?The Hawthorne effect discovered that employees perform higher when they recognize that any individual is watching them. This would not mean that it is a suitable thought to watch their every move so your employees feel they're below regular supervision.
Learn more about Hawthorne effect here:
https://brainly.com/question/5010067#SPJ4when companies such as hatteras hammocks design their operations systems, they make several types of decisions, including those that deal with , capacity, and facilities.
When companies such as hatteras hammocks design their operations systems, they make several types of decisions, including those that deal with product service mix, capacity, and facilities.
A business that offers both tangible products and intangible services is known as a product service mix. In this type of business, the value of the service might be seen as being more significant than the actual product. For instance, lodging or instruction. Today, every product includes some combination of services and goods. If more than one good or service is provided, various market segments are addressed, which can also result in the development of the brand's trust, resulting to a sustainable business, risk can be diversified. Product mix aids in identifying the direction your business is taking, and the information it gathers aids in identifying the direction you wish to take the business. Being consistent with your intended audience also helps.
Learn more about product mix here
https://brainly.com/question/20879094
#SPJ4
the edward city council approved and adopted the budget for its general fund for the fiscal year beginning on january 1, year 2. the budget contained the following amounts: estimated revenues $4,900,000 appropriations 4,780,000 on november 1, year 1, edward city levied property taxes of $4,150,000 for the fiscal year beginning january 1, year 2. it estimated that $25,000 will be uncollectible. any payment of property taxes received during the discount period receives a 20% discount. during the discount period between the levy (october 15, year 1) and the date (december 1, year 1) that the levy became a legally enforceable claim, the city received $120,000 from property owners. for each date below, select from the list provided the general fund accounts debited and credited for the journal entries for this property tax levy. to prepare each required journal entry:
Property Tax Receivable: $120,000
Cash: $96,000
Discount on Property Taxes: $24,000
Property Tax Revenue: $120,000 are the final answers and journal entries specifed below.
debit: Property Taxes Receivablecredit: Property Taxes Receivable
date: October 15, Year 1
debit: Property Taxes Receivablecredit: Revenue from Property Taxes
date: December 1, Year 1
debit: Revenue from Property Taxescredit: Property Taxes Receivable
date: December 1, Year 1
To know more about journal entries:
https://brainly.com/question/13483463
#SPJ4
An insured buys a Medicare Supplement insurance policy from a new insurer; this policy will replace one provided to her by another insurer. Which of the following must provide her with a notice of replacement?
The new insurer who is providing the Medicare Supplement insurance policy must provide the insured with a notice of replacement.
The notice of replacement is a document that explains the benefits and costs of the new policy, as well as how it compares to the old policy. It also informs the insured of their right to cancel the new policy within 30 days and return to their original policy without penalty. This is a federal requirement under the Medicare Supplement insurance regulation.A notice of substitution must be given to the policyholder by the new carrier who will be administering the Medigap insurance policy. The new policy's advantages and disadvantages, as well as how it differs from the previous one, are described in the notice of replacement. Additionally, it advises the covered of their opportunity to return to their prior insurance without incurring any fees and terminate the policy change within few working days. According to the Medigap insurance rule, this is a government mandate.
To learn more about Medicare Supplement insurance policy here:
https://brainly.com/question/29310010
#SPJ4
To move consumers from awareness to interest in the aida model of communication, the message sender must get the receiver of the message toO ThinkO DoO Feel
The AIDA model of communication requires the message sender to make the message recipient feel something in order to convert customers from awareness to interest.
What is AIDA communication model?Before making a purchase, a consumer passes through four stages, which are described by the AIDA model. They are Attention, Interest, Desire, and Action (AIDA).An AIDA model consists of the following steps: Consider how to get consumers' attention as the initial step in any marketing or advertising campaign. Following consumer awareness of the existence of the product or service, the company must endeavor to pique the interest of potential customers.Attention, interest, desire, and action—abbreviated as A.I.D.A.—represent the four organizational parts of a sales letter. The marketing industry has developed the AIDA model as a framework for persuasion. They are awareness, interest, desire, and action. The CAB process is followed by this hierarchy of effects model.Therefore the correct answer is feel .
To learn more about AIDA model refer to :
https://brainly.com/question/29993419
#SPJ4
when looking at the digital marketing landscape which of the following is not a type of social media platform available to users?
While platforms that enable users to produce graphic elements are a crucial component of effective social media campaigns, they are not social media platforms.
Which of the following is not a form of digital marketing?Only Epic is NOT a social networking site, despite the fact that email, social media, and video are all crucial elements of digital marketing. Print advertising is excluded from digital marketing, though.social media marketing on the web. viral promotion. All of the aforementioned are part of digital marketing activities.The marketing mix does not include a target market. A target market is a group of potential clients to whom a business wishes to market its goods and services.The six different types of social media include social networking, bookmarking, social news, media sharing, microblogging, and online forums, albeit there are many other ways to categorise them.To learn more about elements refer to:
https://brainly.com/question/25721926
#SPJ4
where is the time period covered by the income statement found? multiple choice question. in the income section in the footnotes in the heading in the revenue section
The time period covered by the income statement is found : in the revenue section.
The income and expenses that a business or organisation incurred during a certain or designated period of time are reported in the income statement.
Will produce value is Option A="Income"&"Statement" IncomeStatement
No value will be produced by Option B="Income"+"Statement."
Choice C = Income & Statement: Has no value.
Option D: "Income" and "Statement" will result in value. Revenue Statement
Therefore, option D, which is = "Income"&" "&"Statement, is the formula that correctly generates the string "Income Statement."
Learn more about Income statement, here:
https://brainly.com/question/28035395
#SPJ4
in every financial statement, there exists single and double underlines. choose the statement below that describes what these are for and when to use them.
A single-ruled line denotes an addition or subtraction and double underlines indicate the final totals.
What does a financial report's single ruled line mean?
An income statement's amount columns with single lines ruled across them denote additions of amounts.
A financial statement's sum that is stated in parentheses is an estimate. A subtotal is typically shown by a single underline in accounting.
Why is there a double underline?
A capital letter should be used when a word is doubly underlined. A single line through a letter indicates that it needs to be lowercase. A letter, word, or group of words should be eliminated when the end of a line is curled.
Learn more about Single underlining in accounting
brainly.com/question/16241055
#SPJ4
The management of a company uses an impartial third party to resolve a dispute it has with some of its employees.Which of the following does this scenario describe?ArbitrationGrievanceMediationBargaining
In mediation the parties (employer, union, or other employee representative) to a labor-management dispute to assist them in reaching a resolution to the disputed issue(s).
Both mediation and arbitration entail the use of a third party to settle a disagreement (often about the interpretation or application of a written contract). However, the process by which a decision is found in arbitration and mediation is very different.
A neutral third party is chosen by the parties (employer, union, or other employee representative) to a labor-management dispute to assist them in reaching a resolution to the disputed issue(s). The mediator's job is to help the parties come to an agreement they can both abide by by listening to their respective points of view and points of interest. If necessary, the mediator will also offer solutions for resolving the conflict. Laws at the state or federal level may require mediation or may make it voluntary.The mediator cannot compel the parties to reach an agreement or impose what they believe to be a fair resolution on them. The parties are not required to follow any recommendations he or she makes regarding the "optimal" way to resolve the conflict.
Learn more about labor-management here:
https://brainly.com/question/13062152
#SPJ4
Refer to Scenario 16-4. In 1971, Congress passed a law that/banned cigarette advertising on television. If cigarette companies are profit maximizers, it is likely that a. neither company opposed the ban on advertising b . Brown Inc. gued the federal government on grounds that the ban constitutes a civil rights violation c. both companies sued the federal government on grounds that the ban constitutes a civil rights violation. d. both companies retaliated with black-market operations
In 1971, the Public Health Cigarette Smoking Act made it illegal for tobacco companies to advertise cigarettes on television and radio.
If cigarette companies are profit maximizers?
The cigarette industry is an oligopoly that is dominated by a handful of players in domestic and international markets.Cigarettes are produced and sold at the lowest possible average cost in the long run in a perfectly competitive market. The term "allocative efficiency" refers to the social preference for a certain place on the production potential frontier.First, there are relatively few firms. Currently, there are only five significant firms and three (Philip Morris, R.J. Reynolds, and Brown & Williamson) account for about 90 percent of the market. Second, overall demand by adults for cigarettes is relatively insensitive to changes in price.A good that is over-provided by the market and as a result becomes over-consumed by consumers. Tobacco, alcohol and fast food are all examples of this type of good.To learn more about law refers to:
https://brainly.com/question/820417
#SPJ4
which of the following is the productivity of a single firm? industry productivity aggregate productivity company productivity unit productivity
Productivity is an economic metric used to assess how investment and efficiently goods are produced.
An investment is what?An investment is a purchase made in the hope of making a profit or increasing one's capital. The word "appreciation" refers to an increase in value of an asset over time. When someone purchases a product, they do so with the intention of using it to make money in the future rather than using it now.
An investment is the use of some resource today, such as time, money, effort, or an item, with the expectation of a return greater than the initial input.
Know more about investments Visit:
https://brainly.com/question/14682309
#SPJ4
The productivity of a single firm is referred to as the company productivity.
A company’s productivity is determined by the amount of output it generates relative to the amount of input used in production. As a result, it can be seen as a representation of how efficiently a firm uses its resources to create products or services that satisfy the needs of its customers, stakeholders, and employees.It is critical to understand that productivity is critical to a company's success. This is why companies are constantly looking for methods to improve their efficiency. A firm's productivity is a crucial factor in determining its profitability, which is essential to its survival and growth in the industry. By optimizing its productivity, a firm may lower its costs, improve its output quality, increase its competitiveness, and improve its reputation with its customers and the industry as a whole.In conclusion, industry productivity, aggregate productivity, and unit productivity are also significant productivity concepts, but they are not the productivity of a single firm. Company productivity, which is the output a firm produces relative to the amount of input it uses in production, is the productivity of a single firm.
To know more about productivity visit;
brainly.com/question/30333196
#SPJ11
show the effect on the real interest rate and equilibrium quantity of loanable funds of in the demand for loanable funds and in the supply of loanable funds. draw a demand for loanable funds curve. label it dlf0. draw a supply of loanable funds curve. label it slf0. draw a point at the equilibrium real interest rate and quantity of loanable funds. label it 1. draw a curve that shows in the demand for loanable funds. label it dlf1. draw a curve that shows in the supply of loanable funds. label it slf1. draw a point at the new equilibrium real interest rate and quantity of loanable funds. label it 2.
The increase in the demand for loanable funds, represented by the curve DFL1, leads to an increase in the equilibrium real interest rate, as shown
Demand is just a consumer's desire to buy products and services immediately and to pay the price associated with them. Demand can be defined as the quantity of things that consumers are prepared and willing to purchase at various prices within a specific time frame.When economic forces are in balance, there is said to be an economic equilibrium.
To know more about demand here
https://brainly.com/question/4375562
#SPJ4
which two of the following are tests for whether registration as an investment adviser is required under the uniform securities act? I Whether the investment adviser has an office in that state
II Whether the investment adviser is an individual
III Whether the investment adviser accepts a fee for rendering advice
IV Whether the investment adviser gives advice relating to the advisability of investing in securities
The Investment Advisers Act of 1940 requires that persons or firms advising others regarding securities must register with the Securities and Exchange Commission.
What Is an Investment Adviser?Any individual or organisation that, for a fee, provides investment advice or does securities analysis, whether directly managing the assets of clients or through written publications, is referred to as an investment adviser (sometimes known as a stock broker). The Investment Advisers Act of 1940 established the specific definition of the term.
A Registered Investment Adviser is an investment advisor having enough assets to be registered with the Securities and Exchange Commission (SEC) (RIA).
Alternatively written "investment advisors" or "financial advisors," investment advisers are also known as "financial advisors."Financial experts known as investment advisers provide fee-based investment advice or do security analyses.Investment advisers must be registered in the United States.
To learn more about Investment Adviser refer to :
https://brainly.com/question/17154344
#SPJ4
The equation 50 = 5x -10y indicates a positive relationship between x and y?
An equation is a mathematical statement saying that two amounts or values are the same, for example, 6 x4=12x2.
What is the meaning of the Equation?A mathematical statement known as an equation is made up of two expressions joined together by the equal sign.
The definition of an equation in algebra is a mathematical statement that demonstrates the equality of two mathematical expressions. For instance, the equation 3x + 5 = 14 consists of the two equations 3x + 5 and 14, which are separated by the 'equal' sign.
A formula that expresses the connection between two expressions on each side of a sign. Typically, it has a single variable and an equal sign.
Learn more about the Equation here:
https://brainly.com/question/10413253
#SPJ1
suppose that both the number of buyers and the number of sellers increase. which of the following will occur?
Assume that there are more buyers and sellers than usual. The following will take place:
C. The optimum quantity and price would both rise.
Demand for a commodity rises in direct proportion to the number of customers in a market. The optimum price of the product would rise as a result. Additionally, customers may be more likely to buy now if they anticipate that the product's price will grow in the future, which raises the amount requested. The demand curve is shifted to the right as a result, raising the equilibrium price as well as the equilibrium quantity.
The complete question is:
Suppose that the number of buyers in a market increases and expectations of the price of the good indicate that its price will rise in the future. What would we expect to happen in the market?
A. the equilibrium price would increase but the impact on the amount sold in the market would be ambiguous
B. the equilibrium price would decrease but the impact on the amount sold in the market would be ambiguous
C. both equilibrium price and equilibrium quantity would increase
D. equilibrium quantity would increase but the impact on equilibrium price would be ambiguous
To learn more about buyers here:
https://brainly.com/question/13954956
#SPJ4
financial statements contain management's assertions about . multiple select question. presentation and disclosure management effectiveness account balances transactions and events
Management's claims concerning transactions, events, account balances, presentation, and disclosure are included in the financial statements.These statements include the balance sheet, income statement, and cash flow statement.
What does thats concerning mean?
When something worries you, it makes you feel worried about it. The fact that he advises on foreign policy while working for foreign corporations raises serious questions. No one challenges upsetting, unsettling, distressing, or alarming, for instance. If we accept these terms, we must also acknowledge that, despite our dislike, the term "concerning" is appropriate. Furthermore, even if the word "concerning" has become more common over the past few decades, it is not a brand-new concept.
Know more about statements visit:
https://brainly.com/question/2285414
#SPJ4
The addition of acceptance criteria factors to the milestone schedule in a project charter helps the team understand who will judge the quality of the deliverable associated with each milestone,and _____. A) that stakeholder's role on the team. B) the risk associated with each milestone. C) the penalties for not achieving the desired quality. D) what criteria will be used for that determination.
The addition of acceptance criteria factors to the milestone schedule in a project charter helps the team understand who will judge the quality of the deliverable associated with each milestone, and what criteria will be used for that determination.
What is Milestone Schedule?
A milestone schedule, which identifies the significant project milestones, is a summary level timetable. Instead than focusing on activities, milestone planning emphasizes milestones.
Milestone schedules provide evidence of key deliverables, noteworthy occurrences, contractual responsibilities, and corporate strategic goals.
What is an example of a milestone?
Tasks with a high priority, checkpoints, and deliverables are a few instances of milestones. In addition, they can involve employing employees, executing contracts, creating prototypes, filing for patents, creating press releases, and receiving funding.
A milestone is a noteworthy occasion or activity in a project or your professional journey that denotes a key stage of advancement.
Learn more about milestone schedule
brainly.com/question/1176648
#SPJ4
as a consultant to a customer service facility, hans hiroko is conducting a leadership training seminar. he encourages several managers who are present to describe their success as leaders.
Organizational behavior is a term frequently used to define the field.
The subject of research known as organizational behavior (abbreviated as OB) focuses on
How do you define behavior?
Organizational behavior is a term frequently used to define the field.
The subject of research known as organizational behavior (abbreviated as OB) focuses on
How do you define behavior?
Behavior is the way a person behaves.Behavior is a reaction to events that are taking place:
internal - feelings and thoughts
Behavior observation is the simple part. It is far more difficult to comprehend why someone does what they do.
Through the use of body language, facial expressions, gestures, and silence, communication can be used to meet needs, draw attention, elicit feelings or sensations, acquire access to objects or activities, or flee from something.
Know more about research Visit:
https://brainly.com/question/18723483
#SPJ4
for ____ pricing to be effective, there must be sufficient customers willing to buy the product at a high initial price, they should interpret the high price as signifying high quality, and the high price should not attract competition.
For skimming pricing to be effective, there must be sufficient customers willing to buy the product at a high initial price, they should interpret the high price as signifying high quality, and the high price should not attract competition.
There are a number of factors that can affect how effective a company's pricing strategy is. The first and most important factor is how much the company is willing to spend on marketing and advertising.
If the company is not willing to spend a lot of money on marketing, then it is likely that the product will not be as popular as it could be. Secondly, the company must also be able to afford to price its products high. If the company cannot afford to price its products high, then it will likely find it difficult to sell its products.
To know more about Skimming:
brainly.com/question/16040179
#SPJ4
in which of the following situations would the supreme court be most likely to utilize the doctrine of selective incorporation? responses when an individual claims that a right protected by the bill of rights is infringed upon by a state when an individual claims that a right protected by the bill of rights is infringed upon by a state when there is a conflict among the branches of the national government when there is a conflict among the branches of the national government when a federal policy shifting oversight authority from a national agency to a state agency is challenged when a federal policy shifting oversight authority from a national agency to a state agency is challenged when a former employee files a wrongful termination claim against a company headquartered in another state
When an individual claims that a right protected by the Bill of rights is infringed upon by a state.
What does individual rights protection entail?
Today's constitutional democracies safeguard the private and individual rights of every person subject to their rule. Freedom of conscience and religion are among these rights. free religious practice freedom from arbitrary or unjustified government intrusions into one's home or place of business.
Who defends people's rights?
The major responsibility for promoting, protecting, upholding, and implementing human rights rests with states, or with the governments they represent through ministers, ambassadors, etc.
They owe this obligation to everyone who is on their territory or who might fall under their jurisdiction, control, or influence.
Learn more about individual rights
brainly.com/question/619133
#SPJ4
In order to increase the money supply, the Federal Reserve will take which of the following actions?I. Buy bondsII. Sell bondsIII. Increase interest ratesI and IIII and IIIIII onlyI only
In order to increase the money supply, the Federal Reserve will take Buy bonds option among the following.
Option I is correct.
How much money is there?The total amount of money in circulation—cash, coins, and bank account balances—is referred to as the money supply. A common definition of the money supply is a group of safe assets that households and businesses can use to make payments or hold as short-term investments.
What are the different types of the money supply?The term "money supply" refers to both the amount of money that can be included in an economy and the amount of money that is available to a nation's population. There are two components that make up the money supply: banks' demand deposits and currency. There are two ways the currency is made: coinage and paper money
Learn more about money supply:
brainly.com/question/28121138
#SPJ4
Which of the following are services airlines frequently offer to create value for customers? (Choose every correct answer.)
Many flights to destinations consumers want
In-flight WiFi shopping opportunities
The following are the services airlines frequently offer to create value for customers: Many flights to destinations consumers want and In-flight WiFi shopping opportunities to cater customer needs.
This phrase refers to a company's capacity to provide a return on investment that is greater than the capital that was first invested in the enterprise. By making internet accessible to passengers, the airlines are adding value. If left to their own devices, the passengers would appreciate the gesture. We can therefore conclude that when JetBlue Airlines offers in-flight internet shopping, it is to create value and meet customer needs.
Read more on customer needs ,here:
https://brainly.com/question/28542465
#SPJ4
elena's aunt gave her $100 for her birthday with the condition that elena buys herself something. in deciding how to spend the money, elena narrows her options down to four choices: option a, option b, option c, and option d. each option costs $100. finally, she decides on option b. the opportunity cost of this decision is question 23 options: the value to elena of the option she would have chosen had option b not been available. the value to elena of options a, c, and d combined. the average of the values to elena of options a, c, and d. $100.
The opportunity cost of this decision is the value to Elena of the option she would have chosen had option b not been available.
What is opportunity cost?
Opportunity cost is the price paid when choosing not to pursue the next best option.It is the value of the benefit that is lost when selecting one alternative over another. Opportunity cost can be thought of as the "cost" of making a particular choice. It is important to note that opportunity cost is not just the monetary cost of a decision, but also includes the time, effort, and other resources that could have been used for a different decision. Opportunity cost is an important concept in economics and decision making as it helps individuals and businesses make rational choices. It helps them to weigh the costs and benefits of various options and make informed decisions.
To learn more about opportunity cost
https://brainly.com/question/30191275
#SPJ4
Cost of goods formula
The formula for cost of goods sold is Opening inventory + Purchases - Closing inventory.
What is cost of goods sold ?The direct costs of producing the products that a business sells are referred to as its cost of goods sold (COGS). The cost of the labor and materials directly employed to make the good are also included in this sum. It doesn't include indirect expenditures like those associated with the sales staff and distribution.
To calculate cost of goods sold, you add the purchases made in the period, to the opening stock to that period. Then you deduct the closing stock from this sum.
Find out more on cost of goods sold at https://brainly.com/question/24561653
#SPJ1
when a fast-food chain responds to environmental concerns by eliminating styrofoam containers, it shows a desire to be a
When a fast-food chain responds to environmental concerns by eliminating Styrofoam containers, it shows a desire to be a Free enterprise
Option C is correct.
What Is Free Business?An economy in which prices, goods, and services are decided by the market rather than the government is referred to as free enterprise or the free market. The government has no control over services and businesses.
How significant is free enterprise?People are able to do what they are good at and trade for other things thanks to free enterprise. Free enterprise thrives on competition, which drives down costs for customers and improves efficiency. A higher standard of living is achieved in nations that adhere to the principles of the free market.
Question incomplete:When a fast-food chain responds to environmental concerns by eliminating Styrofoam containers, it shows a desire to be a ______.
a. resource manager
b. free enterprise producer
c. good corporate citizen
d. consumer advocate
Learn more about free enterprise:
brainly.com/question/20782413
#SPJ4
Draiman guitars is offering 110000 shares of stock
If Draiman Guitars is offering 110,000 shares of stock in an IPO by a general cash offer. The net proceeds to the company is: $3,596,800.
How to find the net proceed?Using this formula to determine the net proceed
Net proceeds =Shares of stock × Offer price × (1 - Underwriter spread percent) - Administrative cost
Net proceeds = [110,000 × $39 × (1 − .08)] − $350,000
Net proceeds = [110,000 × $39 × 0.92] − $350,000
Net proceed = $3,946,800 - $350,000
Net proceeds = $3,596,800
Therefore the net proceeds to the company is: $3,596,800.
Learn more about net proceed here:https://brainly.com/question/29673961
#SPJ1
The complete question is:
Draiman Guitars is offering 110,000 shares of stock in an IPO by a general cash offer. The offer price is $39 per share and the underwriter's spread is 8 percent. The administrative costs are $350,000. What are the net proceeds to the company?
