In one or two sentences, explain why people will do less of an activity when the marginal costs are greater than the
marginal benefits.

Answer:

did you mean red cross?

Explanation:

It is an international humanitarian organization established by Geneva Organization to provide medical care.

Answer:

No

Explanation:

There was a reserve on the item which means the seller refuses to sell for a price lower then a certain price.

No, Gordon's claim is not correct because if the reserve price is not met, the seller is under no obligation to sell the item to the highest bidder. As a result, some buyers dislike reserve prices because they encourage bids that may not be successful.

Through competitive bidding, an auction generates fair market value, allowing you, the buyer, to make an informed purchasing decision with a seller who is eager to sell. The market value is determined by buyers. Auctions allow for a quick purchase and eliminate the need for lengthy negotiations.

If a minimum bid is not met by any of the bids present at an auction, the auctioneer may 'pass in the property, which means that it has not sold. If this occurs, the winning bidder is usually decided to invite to start negotiating with the seller to see if the sale can still be completed.

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Answer:

The company should recognize a loss of $70,000

Explanation:

Here in this question, we shall be evaluating what should be recognized in the transaction books of the company as a result of the sales of one of its plant asset.

The first thing to do here is to calculate the book value of the plant asset.

Mathematically, the book value of the plant asset = Original cost of plant asset - Accumulated depreciation value

from the question; the original cost is $528,000

while the depreciation value is $264,000

Thus, the book value of the plant asset = $528,000 - $264,000 = $264,000

Now since the company sold the plant asset at a value of $194,000, which is less than the book value of the plant asset, the company should recognize a loss

The amount of the loss = Amount at which the sold - book value of the plant asset

= 194,000 -264,000 = -70,000

Thus the company should recognize a loss of $70,000

Answer:

to the left

Explanation:

When the construction of new homes decreases, the demand curve for complimentary goods used to build homes shift to the left as a result of a decrease in their demands.

The demand curve is a graph that shows the demand for a product in relation to the price of the product at a specific point in time. When the demand for a product increases, the curve shifts to the right, and when it decreases, the curve shifts to the left.

Complementary goods are goods that are required in conjunction with other goods or services. For example, timbers are required for buildings, hence, they timbers serve as complementary goods to buildings.

When the construction of new homes decreases, it means there will be less demands for timbers and as such, the demand curve will shift to the left.

Answer:

Investment returns

Explanation:

Tax is a compulsory levy imposed by the government on an individual, firms etc for the provision of infrastructure.

Generally speaking, taxes are paid as soon as money is earned. While some taxes are due for payment when investments are sold at a profit, others like dividend , mutual funds are due when distribution is paid on the investment.

The ratio of gain or losses on an investment is referred to as investment returns. The returns could be higher which means profit hence must be taxed. It could also be the other way round,i.e lower returns . In such situation, loss is incurred on the investment and it is not taxed same way as having profit on the investment.

D. investment returns.

Answer:

$50

Explanation:

25% = 1/4

200 / 4 = 50

50*3=150, which is 25% off.

Answer: A

She should check her own records to see if she made a mistake.

Explanation:

She should check her own records to see if she made a mistake is the first action Lupe should take when she discovers a difference between her records and the bank's records. Hence, option A is correct.

Account statements, signature cards, account applications, wire transfers, and any other DOCUMENT attesting to deposits, withdrawals, balances, and/or other account activity are all considered to be bank records.

If you use Online Banking, you can log in, choose Statements & Documents from the Accounts menu, then pick Order a paper statement copy from the Request statements tab. After you submit your request, paper statements will be mailed to you within 7 to 10 business days.

Any person who employs a financial institution's services, Any person for whom the financial institution serves as a fiduciary; and Corporations or partnerships with five or fewer partners.

Thus, option A is correct.

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The options are attached in the picture-

A decision to communicate means to communicate positively, offering help and support, and it doesn’t involve criticism and dispiriting. It a method of communicating more effectively and efficiently. In addition, communicating constructively is a way to present your points to a person or audience so they can understand them.

Answer:

The overview of the given statement is described in the explanation segment below.

Explanation:

Monopoly Market:

Perfectly Competitive Market:

Thus,

⇒  [tex]AR=P =MR[/tex]

Hence,

⇒  [tex]P = MR[/tex]

Answer:

The correct answer is option (c) good is an inferior good.

Explanation:

Solution

Given that:

Blake's hourly wage increases form  = $8 to $15

Now,

By using the midpoint method we compute Blake's income elasticity of demand for generic potato chips which is given below:

Income elasticity of demand =(Y₁ +Y₂)/(Q₁+Q₂) * (Q₂-Q₁)/ (Y₁ - Y₂)

Thus,

Y₁ =8

Y₂ = 15

Q₁ = 2

Q₂ = 0

So,

Income Ed =23/2x - 2/7

= -46/14

=- 3.28

Therefore, the increase in income decreases demand of generic potato chips. this shows negative income effect which implies that good is inferior in nature.

Answer:

Price elasticity= 2.875

The good is an inferior good

Explanation:

Elasticity of demand is defined as the sensitivity of quantity demanded to changes in price of a particular commodity.

Midpoint method is used to determine elasticity between two prices. Change in quantity and price are divided by the average of each.

Price elasticity= {Q1 ÷ (Q2 + Q1)/2} ÷ {P1 ÷ (P1 + P2)/2}

Average quantity = (2 + 0) ÷ 2= 1

Average price= (8 + 15) ÷ 2 = $11.5

Price elasticity= (2 ÷ 1) ÷ (8 ÷ 11.5)

Price elasticity= 2 ÷ 0.6957 = 2.875

The good is an inferior good

An inferior good is one that demand falls as income of the buyer increases.

In this case an increase in income from $8 to $15 resulted in a fall in demand from 2 to 0

Answer:

Empathy

Explanation:

Empathy is the ability of a person of business entity to understand the thoughts, feelings, and emotions of their customers. It is the ability to personalise the customer's situation.

This makes the business go the extra mile in solving the customer's problem.

In this scenario Northwestern mutual felt the pain and understood the financial needs of the families of first responders during the 9-11 attack.

So without official death certificates they paid death benefits only 3 days after the attacks.

Other insurance companies however did not empathise with their customers and only paid death benefits some months to a year.

Answer:

Ethics is important in a workplace because :

a) It creates a positive and safe work environment.

b) It helps to instill professional behavior in employees

c) It helps to maintain orderliness in an organization and prevents chaos from happening.

d) It prevents discrimination or favouritism in organizations.

e) Workplace Ethics ensures that all employees are treated fairly.

f) Workplace Ethics improves the relationships of employees with one another and this lead to the development of team work amongst employees.

Explanation:

Ethics at a workplace or Workplace Ethics can be defined as the standards or regulations that are put in place by a firm or organisation that helps to guide the behavior or attitude of employees at work such that safe work ambience is created and employees relate in a professional manner to one another.

Examples of Workplace Ethics are:

a) Punctuality

b) Honesty

c) Loyalty

d) Productivity

e) Dependability

Ethics at the workplace in important because:

a) It creates a positive and safe work environment.

b) It helps to instill professional behavior in employees

c) It helps to maintain orderliness in an organization and prevents chaos from happening.

d) It prevents discrimination or favouritism in organizations.

e) Workplace Ethics ensures that all employees are treated fairly.

f) Workplace Ethics improves the relationships of employees with one another and this lead to the development of team work amongst employees.

Answer: professional organizations

Explanation: took the test (:

Answer:

Introduction

The body of the letter is usually divided into the three paragraphs (one is the introduction, then supporting details, then conclusion of topic).

Answer:

1. shift the supply of used cars to the right

2. lower

Explanation:

1. With carmax's arrival in the market this has caused the number of sellers to increase thereby shifting the supply curve to the right. An increase in the number of sellers increases the quantity supplied at each price.

2. Since the supply of used cars have increased and demand remains the same, there will be a surplus in the market for used cars resulting in lowered prices of used cars.

Answer and Explanation:

a and b. The average total cost and the marginal cost is shown below:

As we know that

Average cost is

= Total cost ÷ total number of customer loads

And, the Marginal cost is

= Additional total cost incurred for extra units generated

So based on this, the marginal cost and the average total cost are as follows

Customer load level   Total cost  Average cost   Marginal cost

     0                               $27

     1                                 $30          $30 ÷ 1 = 30        30 - 27 = 3

    2                                 $32          $32 ÷ 2 = 16        32 - 30 = 2

    3                                 $35        $35 ÷ 3 = 11.67     35 - 32 = 3

    4                                  $38        $38 ÷ 4 = 9.5       38 - 35 = 3

    5                                  $42       $42 ÷ 5 = 8.4       42 - 38 = 4

    6                                  $48       $48 ÷ 6 = 8          48 - 42 = 6

    7                                  $57        $57 ÷ 7 = 8.14      57 - 48 = 9

    8                                  $68       $68 ÷ 8 = 8.5      68 - 57 = 11

c. Now the customer loan you want is

As we know that

Profit = Marginal revenue - marginal cost

And, as we can see that at marginal cost 9 we can load 7 customers so the 7 customers would be wanted

Answer:

yes, it is

Explanation:

It has one of the largest economies in the world

Answer:

Hi there!

You'll need 860.67 feet of lumber.

Explanation:

First we calculate the needs of lumber in inches

Shelves: 2 x 1,134 = 2,268 inches

Base Sides: 2 x 1,112 = 2,224 inches

Door stiles: 2 x 2,918 = 5,836 inches

Total inches long of lumber needed:

2,268 + 2,224 + 5,836 = 10,328 inches

Then we convert the unit of measure from inches to feet:

One inch equals 0.08333 feet.

10,328 x 0.08333 = 860.67 feet

Answer:

E

Explanation:

All the suggested options can increase investment spending

Investment spending is the money spent towards business expansion in the area of acquiring capital goods such as plant and machinery or goods used in the production like the raw materials.

Optimistic business decision : Leads to more investment in potential business opportunities

Increase in interest rates : As funds are borrowed to finance investment , increase interest rate will increase spending.

Increase in business taxes : This means that companies will have to pay more on taxes

Decrease in capacity utilization  : This will lead to the acquisition of more machinery and investment spending increase

Answer:A More optimistic business expectations

Explanation:

A p e x

Answer:

Dr Cash $6,790

Dr Sales discount $210

Cr Accounts Receivable $7,000

Explanation:

Cost of goods sold by Landon Jewelers is $7,000

The cost is subject to 3/15, n/30 meaning that 3% will discount will be applicable if payment is made in 15 days. Where the balance is not paid within 15 days, it must however be paid within 30 days.

Since payment was made to Landon Jewelers within the 15 days grace, 3% deduction will be applicable to the payment.

Therefore Sales discount would be ;

= $7,000 × 3%

=$210

Balance paid in cash would be;

=$7,000 - $210

=$6,790

Journal entry for cost of goods sold would be;

Dr Cash $6,790

Dr Sales discount $210

Cr Accounts Receivable $7,000

Sales discount is an expense hence debited while the whole amount is credited to accounts receivable.

Answer:

sole proprietorship.

Explanation:

An exclusive property can be defined as a business structure that is managed and owned by a single person, so there is no legal distinction between the owner and his company. This is a type of simple business structure, and is generally used by people who are starting some kind of enterprise.

Therefore, this is the most appropriate business form for the statement of the issue, since in this structure there is only a single owner in the company, which guarantees its sole responsibility for all profits, debts and losses inherent to the business.

Explanation:

1. it has created a competition through which large varieties of a single goods is available in the market.

2. for the home country, it has lessens the dependence on import and lead to economic development by providing new jobs opportunity .

1. in some host Nation, the appearance of MNC can regulate competition and main event create a monopoly .

2. workers in the MNCs are paid on an irregular bases and they are often laid off without any payment during the time of recession .

Answer:Net working capital = $152,500

Explanation:

Net working capital = CA– CL

Where CA= Current Assets = Cash + Inventory + Accounts Receivable

and CL= Current Liabilities= Account payable + Notes payable + accrued wages and taxes

CA=$54, 000 + $184,000 + $ 219,000 =$457,000

Current liabilities = Account payable + Notes payable + accrued wages and taxes

CL = $134,000 + $129,000 + $41,500 = $304,500

Net working capital = Current assets – Current liabilities

Net working capital = $457,000 – $304,500=  $152,500

Net working capital = $152,500

Answer:

The most applicable choices in the order of importance are

C, B then A. Of course, they have to be applied at various stages of the acquisition.

Explanation:

C should have occurred (if possible) before the acquisition. Usually, when there is a major acquisition such as the one described above, it comes with good and bad tidings.

In some cases, especially one involving a large and efficient system like Coca-Cola, many positions become redundant.

In other cases, people are worried if their compensation will be affected. There are usually questions such as:

Thus, executing a survey of Honest Teas' employees to identify such sources of anxiety and conflict related to the acquisition with the goal to address them constructively, will help the change to be successful.

Option B is one strategy that ought to have been executed upon the conclusion and official announcement of the acquisition exercise. This is the most crucial and maybe the most important part of the acquisition/takeover process.

This is true especially if there is going to be changes in management,  communication styles, and the culture.  Other benefits of team building excercises are, it increases and or improves:

Option C: On the balance of probability, it is expected that when a bigger company like Coca-Cola acquires a smaller one, the process comes with a lot of benefits. One of such benefits is the payroll upgrade.

After all is said and done, it will serve to boost the motivation and morale of the staff if Honest Tea began to use Coca-Cola's payroll which is likely to be more robust.

Because Cocal-cola is an older, more experience and more global company, it is more likely to have more efficient reimbursement systems. If these are inculcated into the Honest Tea process, with adequate training on how to use it, it will also serve to ensure homogeneity of systems and operations which is critical to the success of an acquisition.

Cheers!

Answer:

d.) a cover letter

Explanation:

The best way to show a company/business your interest in the job position is through the cover letter. This is a letter that goes in front of your resume when applying for a job and is where the applicant usually explains who they are and why they want the job. This cover letter is the first thing that the employer will see and should tell them why you want the job and why you are the best choice for that job in order to convince them into interviewing or hiring you.

Answer:

D

Explanation:

In the economic system, the monetary policies of the government are implemented through the banks.

Adjusting the rate of interest can only be done by the Federal Reserve.

All other options are under government fiscal policy.

Changes in monetary policy occur when the Federal Reserve adjusts interest rates to affect the money supply.

Monetary policy are the policy steps taken by the Federal Reserve (the Central Bank) to affect the level of money supply. The way by which the Federal reserve can affect money supply is either through changing the interest rate or undertaking open market operations.

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Answer: an increase in money supply increases aggregate demand, which increases prices

Explanation: Hence, a very high inflation rate will also maximize the velocity of money, which will increase the inflation rate even further.

Money circulates more quickly when velocity of money increases  , which indicates that there are more transactions between people. The degree of inflation is high when the velocity is high.

The rate at which prices increase over a specific time period is known as inflation. Inflation is often measured in broad terms,  the general rise in prices or the rise in a nation's cost of living.

Demand-pull inflation, cost-push inflation, and built-in inflation are the three basic sources of inflation.

Demand-pull inflation describes circumstances in which there is not enough production of goods or services to meet demand, leading to an increase in their prices.

On the other side, cost-push inflation happens when firms are compelled to raise prices as a result of rising costs associated with producing goods and services.

When workers seek greater pay to keep up with rising living costs, built-in inflation—also known as a wage-price spiral—occurs. A self-reinforcing cycle of salary and price rises results from businesses increasing their pricing to cover their rising wage costs.

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Answer:

Following are the answer to this question:

Explanation:

Answer:

The answers are - blue chips and dividends.

Explanation:

Answer:

The depreciable cost of the equipment is $400,000

Explanation:

In this question, we are tasked with calculating the depreciable cost of the equipment bought

To calculate this, we simply engage the use of a mathematical relation

Mathematically;

Depreciable cost = Original Cost - Salvage value

From the question, the original cost is $470,000

The salvage value = $70,000

Inputing these values into the equation, we have

Depreciable cost = $470,000 -$70,000 = $400,000

Answer:

The information that we can get from stock quote is about bidding price, details of previous bidding, etc.

Explanation:

A stock quote can be defined as the last price of stock of exchange. It is the price on which the traders and the buyers consented in their last trade or exchange.

The details that a stock quote provides is the price of last bid, volume of trade, bid price, volume of trade. The buyers and traders can access this information either on their phones, newspapers, news media, online portals etc. The stock quote is shown in decimals.