Help you identify the root of your problems so that you can eliminate the issue for good.
How can you get to the bottom of a problem?Root Cause Analysis is an effective method for diagnosing and resolving problems. Determine what bad occurrences are taking place. Then, examine the complex systems that surround those issues to discover critical sites of failure. Finally, find answers to those important areas, or underlying causes.
Root Cause Analysis (RCA) is a strategy or approach for investigating an occurrence in order to aid in the discovery of health system problems that may not be readily evident upon initial assessment.The root cause is the central issue—the highest-level cause—that initiates the complete cause-and-effect chain reaction that eventually leads to the problem (s). Root cause analysis (RCA) is a broad phrase that refers to a variety of techniques.
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graff, incorporated, has sales of $49,000, costs of $22,600, depreciation expense of $2,150, and interest expense of $1,900. if the tax rate is 21 percent, what is the operating cash flow, or ocf? (do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
The operating cash flow or ocf is $21,706.50
What is Operating Cash Flow?Operating cash flow (OCF) is a measure of a company's cash generation from normal business operations. Operating cash flow tells a company if it can maintain and grow its operations with enough positive cash flow; If not, capital expansion may require outside financing.
How to determine operating cash flow The operating cash flow formula is as follows: cash received from sales less the total amount paid for operating expenses.
Revenue, operating expenses, depreciation, taxes, and changes in working capital are all included in OCF.
OCF is the sum of working capital variation, depreciation, and net income.
Information is given in the question:
Sales =$49,000costs =$22,600depreciation expense = $2,150interest expense =$1,900tax rate =21%EBIT =Sales - costs - Depreciation expense
=$49,000 - $22,600 - $2,15
= $24,250
Profit before tax = EBIT - Interest expense
= $24,250 - $1,900
= $22,350
Net Income = Profit before tax - Tax (21% of Profit before tax)
= $22,350 - $4,693.50
= $17,656.50
Operating cash flow = EBIT - Tax + Depreciation expense
= $24,250 - $4,693.50 + $2,150
= $21,706.50
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Because eels are highly endangered as a species, many governments enact laws prohibiting fishing along their migration route. Initially, eel fishers complain about this restriction on the locations they can fish, but after a while they notice that the number of eels swimming outside regulated areas Is much higher than it was before. With the laws in place, eel fishers end up catching a greater quantity of eels than they did prior to the enactment of the lows. Which of the following principles of economic interaction best describes this scenario? a. Markets allocate goods effectively. b. Markets usually lead to efficiency. c. There is a tradeoff between equality and efficiency. d. When markets do not achleve efficiency, government intervention can improve overall welfare.
This situation is best described by the idea that markets allocate things efficiently.
services, and commodities. Typically, the parties involved are buyers and sellers. The market may be actual, like a physical store where customers interact with each other in person, or it may be virtual, like an online market, where customers and sellers do not interact physically. The availability of an arena, buyers, and sellers, as well as a product that can be bought and sold, are some of the fundamental features that help define a market.
Any location where two or more people can come together to conduct an economic transaction, even one that doesn't require legal cash, is referred to as a market. Any combination of these that are transferred from one party to another may be included in a market transaction, including commodities, services, information, and money.
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which of the following is a test used to determine a taxpayer's tax home? the place where the taxpayer lived when he started the job. the main place of business, if the taxpayer has two or more places of business. the place at which the taxpayer makes the most money, regardless of any other considerations. the place to which the taxpayer intends to return after traveling.
The main place of business, if the taxpayer has two or more places of business is a test used to determine a taxpayer's tax home.
What is the amount of time you spend working in your tax home compared to other locations? The amount of time spent in a tax home compared to other locations depends on the individual's work situation. Generally, the majority of time must be spent in the tax home in order to qualify for the tax home deduction. Generally, the tax home must be the primary place of business or the place where one regularly lives. A person may need to spend more than half of their work time in the tax home in order to qualify for the deduction. Other factors may also play a role in determining how much time is spent in the tax home. This includes how much travel is required for the job and how large the geographic area of the location is. Ultimately, the amount of time spent in the tax home compared to other locations can vary depending on the individual's work situation.To learn more about taxpayer refer to:
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Which of the following approaches to service design is characterized by having the customer take a greater role in the production of the service?
Multiple Choice
Do-it-yourself approach Incorrect
Personal-attention approach
Self-service approach
Quality approach
Production-line approach
Production-line service design methodologies are characterized by a greater degree of client involvement in the service's creation.
Production is the process of combining a variety of inputs, including both material (such as metal, wood, glass, or polymers) and immaterial (such as labor), to produce output. Ideally, this output will be a good or service that makes people's lives more useful. The economy's consumption (or consumer) theory and production theory, a subfield of economics that focuses on the production process, are interwoven. Production-line service design methodologies are characterized by a greater degree of client involvement in the service's creation.
The manufacturing process and outcome are produced by efficiently employing the starting inputs (or factors of production). Land, labor, and capital—also known as the primary producers of goods and services—are the three main factors in production.
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you are an independent contractor, so you do not have an organizational email address. can you still sign up for a power bi trial subscription?
Yes, you can still sign up for a Power BI trial even if you're an independent contractor and don't have an organizational email address. You can use any valid personal email address when registering for a trial subscription.
You will need to provide some basic personal and contact information, including your name, phone number and email address. After signing up, you will be sent an email with a link to activate your trial subscription. After clicking the link, you will be taken to a page where you can customize your subscription plan and start using Power BI. As an independent contractor, you will be able to enjoy all the features of the Power BI trial subscription and use data visualization and analysis tools to explore and analyze data.
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planning your future unit test miguel wants to work for a non profit that helps homeless people find jobs and housing what is guiding miguel's career decision
I would claim that he made this business decision based on his beliefs and values.People that help the homeless do so out of the goodness of their hearts. Moreover, he was under no obligation to perform that task
Benefits of Working for a Nonprofit organizationYour north star when working for a for-profit company is increasing its profits in order to improve its bottom line. Although this type of job can be demanding, fascinating, and beneficial to your career, it is unlikely to solve societal issues, have a positive influence on the environment, or enhance the lives of others. On the other side, nonprofit positions frequently let you work toward a particular goal that has a tangible, good impact on people's lives. Therefore, nonprofit work has a meaningful social influence, whether it's assisting marginalised communities, fighting for improved mental health, or advancing environmental issues.
You may have heard that nonprofit organisations don't often offer high salaries. While this is frequently the case, it is also true that nonprofit organisations typically provide excellent benefits and greater freedom than for-profit businesses. Nonprofit organisations frequently permit extensive remote work and offer generous healthcare and child care perks.some of the otherr benefits are,
Making a difference in other people’s livesWorking more creativelyGaining new skillsGetting better benefitsWorking with like-minded peopleTo know more about Benefits of Working for a Nonprofit organization,refer to:
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in order to win a contract from mexico, qvb autos manufacturing must make 65% of the component parts for their automobiles in mexico. this is an example of a
Vb Autos Manufacturing needs to produce 65% of its car's parts in Mexico in order to secure a contract with Mexico. A local content requirement like this would be an example.
In accordance with these regulations, a company must obtain a predetermined proportion of the final cost of a good or service from domestic firms, either through local purchases or local production of the good or service. In an effort to safeguard and promote domestic industries, governments use LCRs.
Local content is the economic benefit that an extraction project provides to the community, region, or country that goes beyond the monetary value of the extracted resources. • Requirements and goals outlined in national laws and specific contracts can be used by countries to promote local content.
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a deliverable does not meet the agreed-upon quality specifications and is rejected by the customer. after investigation, the project team finds that there is a fault with the vendor-provided parts, and this fault caused the issue. the vendor says that they cannot correct the situation. what should be reviewed before deciding on next steps?
The vendor says that they cannot correct the situation. Procurement management plan and contract agreements.
Within the financial markets, the term “transport” refers back to the act of moving a commodity, foreign money, safety, coins, or some other instrument that is the problem of an agreement. it is frequently used with regard to by-product contracts along with futures and alternatives.
For any enterprise, either eCommerce, outlets, or wholesalers, it is extraordinarily essential to supply merchandise efficaciously. clients want a fast, dependable, and secure shipping carrier. if you want to enhance customer enjoyment by presenting quality carriers, it is crucial to provide accurate and fast deliveries.
Provider shipping is a commercial enterprise framework that supplies services from a company to a consumer. it is also the steady interaction between the two parties at some stage in the duration of the time wherein the company components the provider and the patron purchase it.
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grove township issued $50,000 of bond anticipation notes at face amount in the current year and placed the proceeds into its capital projects fund.all legal steps were taken to refinance the notes, but grove was unable to consummate refinancing. in the capital projects fund, what account should be credited to record the $50,000 proceeds?
The bond anticipation notes payable account should be credited to record the $50,000 proceeds.
What is notes payable?A note payable is a promissory note in writing. A borrower obtains a specific amount of money from a lender and promises to repay it with interest over a predetermined time period under this agreement.
Bond anticipation notes payable are a type of current liability. If the entity is unable to refinance the debt as a noncurrent obligation.
Therefore, the account to be credited to record the $50,000 proceeds is bonds anticipation notes payable.
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which of the following is true regarding earnest money? a) the promise of the purchaser to buy and the promise of the seller to deliver title are not adequate consideration to create a legally binding executory contract. b) earnest money is not applied to the sales price at funding.
Earnest money is necessary to bind the contract is the statement that is true about Earnest money.
If a deal is unsuccessful, who keeps the earnest money?The seller will keep the money if the buyer decides to back out of the transaction without a good reason or doesn't follow the specified deadline. These are the most typical situations where a buyer will lose their earnest money. When it comes to buying and selling a home, sticking to a predetermined plan is crucial.
How might earnest money be demonstrated?At closing, it will be deducted from the remaining down payment after being kept in an escrow account. The typical earnest money deposit is from $2,500 to $5,000 for a $250,000 offer to purchase. The amount of earnest money that will be placed in escrow should the seller accept your offer is stated in your offer.
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one-way interviewing enables a candidate to respond to a list of prescripted questions prepared by the hiring organization. a. panel b. group c. video d. sequential
one-way employment placement interviewing enables a candidate to respond to a list of prescripted questions prepared by the hiring organization video. So option c is correct.
What is the main goal of the majority of employment placement interviews?Finding the specific work skills required for the role is the major goal of organised interviews. All candidates for the post are subjected to the same set of questions during the interview. The interviewer will find it simpler to evaluate and compare candidates equitably using this uncomplicated technique. An employer and you converse during the interview in order to exchange information. The employer's goal is to learn the following information, whereas your goal is to receive a job offer: What you have to give (your skills, abilities, basic knowledge). who you are (your personality, character, interests).
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the big difference between ethics and laws is: a. ethics and laws are actually the same thing, just different terms b. most laws are unethical c. most marketing is unethical because the law doesn't apply d. ethics are guidelines about moral behavior, but laws reflect the the values of society and are enforceable in the courts
The big difference between ethics and laws is ethics are guidelines about moral behavior, but laws reflect the the values of society and are enforceable in the courts.
What distinguishes an essay on law from one on ethics?
Law is described as the standards set out by the legal system, which are codified and upheld by the appropriate governmental bodies, such as the courts. As opposed to this, ethics are regarded as moral principles that influence a person's behavior while engaging with other people or the wider society.
What's a good illustration of law and ethics?
The law has its boundaries. People cannot be forced to be fair, honest, or caring by the law. For instance, lying or breaking a confidence is not only wrong but also immoral. Although not all careers in healthcare demand adherence to a code of ethics, all demand conformity to the law.
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which of the following is not an example of price discrimination? a street vendors increase the price of umbrellas when it is raining. b college students receive a discount at the ice cream store when they show their college id cards. c ladies receive free admission into a nightclub while men must pay a cover charge. d children receive discounted tickets to the amusement park. e a country club requires members to pay annual dues, but members receive discounted prices to golf.
The children receive discounted tickets to amusement park is not an example of the price discrimination.
What is price discrimination?As a marketing strategy, pricing discrimination involves charging customers different prices for the same commodity or service depending on what the vendor thinks will win the client over. A business that uses pure price discrimination will charge every consumer the greatest amount. Price discrimination is most beneficial when the profit made from dividing the markets exceeds the profit made from keeping them together. Price discrimination may or may not be effective, and how long certain groups are ready to pay various prices for the same commodity, depending on the relative elasticities of demand in submarkets. Consumers in a submarket that is relatively elastic pay less money than those in a submarket that is substantially inelastic.
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aubrey invested $150 in an account paying an interest rate of 6(5/8%) compounded monthly. miguel invested $150 in an account paying an interest rate of 6(1/4%) compounded daily. after 7 years, how much more money would aubrey have in her account than miguel, to the nearest dollar?
$5.88 more money would Aubrey have in her account than Miguel, to the nearest dollar. An asset's future value is its value on a particular date in the future.
Given,
For Aubrey's investment:
Principal amount (P) = $150
Annual interest rate (r) = 6(5/8)% = 6.625% = 0.06625 (in decimal form)
Number of compounding periods per year (n) = 12 (compounded monthly)
Number of years (t) = 7
For Miguel's investment:
Principal amount (P) = $150
Annual interest rate (r) = 6(1/4)% = 6.25% = 0.0625 (in decimal form)
Number of compounding periods per year (n) = 365 (compounded daily)
Number of years (t) = 7
Required to calculate the difference in the future values of Miguel's investment and Aubrey's investment.
The required calculations are shown in the file given attached below.
Therefore, after seven years, Aubrey and Miguel's accounts would be about $5.88 different in value.
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categorize the scenarios as either a discretionary act or the result of automatic stabilizers.
Discretionary spending Automatic stabilizers :Economic growth increases personal and corporate income, increasing tax payments. Legislators increase the generosity of unemployment benefits.
What is Automatic stabilizer?People's reactions to recessions are tempered by automatic stabilizers, which also help them survive if they lose their employment or their businesses suffer. They also serve a crucial macroeconomic function by stimulating aggregate demand when it lags, which helps shorten and lessen the severity of downturns compared.The goal of automatic stabilizers, which are continuous government programmes, is to stabilise incomes, consumption, and corporate spending over the course of the business cycle by automatically adjusting tax rates and transfer payments.To learn more about Automatic stabilizer:
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a product owner writing a user story needs the story to fit within the planned sprint. if the user story is too large, they break it down into multiple, scaled-down stories in order to meet which of the i.n.v.e.s.t. story writing criteria?
A Product Owner writing a user story needs the story to fit within the planned Sprint. scaled-down stories in order to meet small of the invest story writing criteria
What are the INVEST criteria for user stories?The INVEST Principle of User Stories is an acronym for User Stories Being Independent, Negotiable, Valuable, Estimable, Small and Testable. Independently:
What are the INVEST criteria?The INVEST Criteria describes how to create agile user stories that deliver valuable and working software early and often. Shows how to specify requirements in a way that follows Agile principles and values.
What is the format of user stories?Auser story is a small, self-contained unit of development work aimed at achieving a specific goal within a product. User stories are usually written from the user's point of view and follow the format:
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A merchandising company uses a master budget which includes all of the following EXCEPT a(n) ________.
A merchandising company uses a master budget which includes all of the following Except a(n) direct labor budget.
What is direct labor budget?The direct labour budget is used to determine how many work hours will be required to create each of the units listed in the production budget. The overall number of hours required will be determined, as well as the breakdown of this data by labour category, in a more intricate direct labour budget. Paying the salaries of your direct labour staff results in charges known as direct labour costs. Your wage, for instance, would be regarded as a direct labour expense if you work for an auto factory and are responsible for painting the cars as they are finished. A labour budget will be critical for any business that intends to hire personnel to help it reach its objectives.A product, cost centre, or work order-specific production or service worker is referred to as direct labour. When a company produces items, direct labour is the work of the production team that creates the goods, such as machine operators, assembly line workers, painters, and so on.To learn more about direct labor budget refer to:
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true/false. a. Venezuela is a socialist country where the average tariff rate on imports is 8.6%. This rate is fairly high. Non-tariff barriers restrict imports of cars and agricultural products. It may take several weeks to import goods. This limits the ability of businesses to import goods at a reasonable price.
There are a number of trade restrictions that raise the price of imported goods and are deemed necessary by some economies to safeguard their homegrown businesses or budding enterprises.
Which one word sums up economics the best?A community's resource distribution is ultimately governed by the network of associated production and consuming activities that make up an economy. The requirements of persons who live there and work there are met throughout the full process of creating and consuming goods and services.
What is an example of the economy?A well-known illustration of an economy is the traditional economy, which uses a country's traditions and history to direct the production and distribution of commodities. Agriculture, fishing, and hunting are the main economic sectors of traditional economies.
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a leading b2c fuel producer and supplier has just hired an email marketing manager to launch its email marketing program. what tactic should the email marketing manager leverage to improve deliverability when she starts sending emails?
Send emails to your most vocal and engaged clients tactic should the email marketing manager leverage to improve deliverability when she starts sending emails.
Which approach will increase the deliverability of emails?
By raising your odds of providing subscribers relevant material, segmenting your audience can assist increase email deliverability by increasing the likelihood that recipients will open your emails.
Which of the following can be used to assess email marketing's degree of success?
An essential indicator for assessing the general performance of your email marketing initiatives is establishing a clear conversion rate. The ROI of an email marketing assesses how cost-effective it is. Cost is the mathematical expression.
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adaptation requires regular inspection. in what ways does the product owner contribute to the results achieved by inspection ?
At the Sprint Review, the Product Owner presents the Product Backlog's current status. This, along with the Increment's inspection, results in an updated Product Backlog.
What is the purpose of inspect and adapt that happens after every sprint?The present condition of the Solution is demonstrated and assessed by the train during the Inspect and Adapt (I&A), a critical event that takes place at the conclusion of each Program Increment (PI). In a systematic problem-solving workshop, teams then reflect and identify improvement backlog items.
An orderly list of everything that is known to be required for the product is the product backlog. It is the exclusive source of specifications for any modifications to the product.
Thus, At the Sprint Review, the Product Owner presents the Product Backlog's current status.
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devon invested $8000 in three different mutual funds. a fund containing large cap stocks made 6.2% return in 1 yr. a real estate fund lost 13.5% in 1 yr, and a bond fund made 4.4% in 1 yr. the amount invested in the large cap stock fund was twice the amount invested in the real estate fund. if devon had a net return of $66 across all investments, how much did he invest in each fund?
Amount invested in a fund containing large cap stocks = $4000
Amount invested in a real estate fund = $2000
Amount invested in a bond fund = $2000
How can you invest your money? How do you calculate investments?1. The Stock Market. The most common and arguably most beneficial place for an investor to put their money in is in the stock market.
2. Investment Bonds.
3. Mutual Funds. The safest for long time returns.
4. Physical Commodities.
5. Savings Accounts.
Let:
x = Amount invested in a fund containing large cap stocks = 2 * y = 2y
y = Amount invested in a real estate fund
z = Amount invested in a bond fund
For total amount invested, we have:
T = total amount invested = x + y + z = $8000
Therefore, we have:
2y + y + z = $8000
3y + z = $8000 ……………………….. (1)
From equation (1), we have:
z = 8000 - 3y …………………........….(2)
Also, for the net returns, we have:
6.2%x - 13.5%y + 4.4%z = $66
0.062(2y) - 0.135y + 0.044z = 66
0.124y - 0.135y + 0.044z = 66
0.044z - 0.011y = 66 ………………… (3)
Substitute equation (2) for z in equation (3), we have:
0.044(8000 - 3y) - 0.011y = 66
352 - 0.132y - 0.011y = 66
0.143y = 352 - 66
y = 286/0.143
y = 2000
Therefore, x = 2y = 2 * 2000 = 4000
From equation (2), we have:
z = 8000 - 3y = 8000 - (3 * 2000) = 2000
Therefore, we have:
Amount invested in a fund containing large cap stocks = x = $4000
Amount invested in a real estate fund = y = $2000
Amount invested in a bond fund = $2000
Checking this, we have:
Total amount invested = $4000 + $2000 + $2000 = $8000
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identify the situations in which an organization is most likely to decide to outsource. multiple select question. if the nature of work requires flexible capacity if the organization wants to closely monitor quality if the organization lacks the expertise if the nature of the demand is high and steady
The following are the scenarios in which a business is most likely to outsource:
If the organization lacks the expertise.If the nature of work requires flexible capacity.What Exactly Is Outsourcing?Outsourcing is the business practice of hiring a third party to provide services or produce goods that were previously performed in-house by the company's own employees and staff. Outsourcing is a popular strategy for corporations to save money. It has the potential to affect a wide range of jobs, from customer service to manufacturing to back-office operations.
Outsourcing is loaded with controversy. Opponents contend that it has led to the loss of domestic jobs, particularly in the industrial sector.
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madrid corporation has compiled the following information from the accounting system for the one product it sells. sales price $ 900 per unit fixed costs (for the month) marketing and administrative $ 108,000 manufacturing overhead $ 162,000 variable costs (per unit) marketing and administrative $ 18 direct materials $ 270 manufacturing overhead $ 60 direct labor $ 165 units produced and sold (for the month) 1,800 required: a. calculate the product costs per unit. b. calculate the period costs for the period.
The product costs per unit is = $600
With an example, what does a product cost?Product costs are expenses incurred to create a good that is meant to be sold to a client. Product price includes: Direct material is defined as purchased raw materials that are used directly in product production. One direct material expense for a car manufacturer is the metal used to create the vehicle.
briefly:-
Giving the following information:
Direct materials=$270 per unit
Direct labor =$60 per unit
Variable manufacturing overhead =$270 per unit
The direct material, direct labor, and variable manufacturing overhead are used to
calculate the unit product cost in the variable costing method:
Unit product cost= 270 + 60 + 270= $600
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which requirement concerning lead-based paint disclosure applies to purchase and sale transactions only? a) allow 10 days to test for the presence of lead b) disclose all known lead-based paint hazards in the dwelling c) give the buyer or the renter a copy of the epa pamphlet d) include standard warning language regarding lead-based paint in the contract
The requirement concerning lead-based paint disclosure applies to the purchase and sale transactions only give the buyer or the renter a copy of the EPA pamphlet. So option c. is correct.
Before ratification of a contract for housing sale or lease, dealers and owners must reveal any known information concerning potential lead-based paint hazards and known records, must deliver purchasers and renters with a lead hazard information pamphlet, and must contain explicit wording in the lease or contract associated to lead. In addition, sellers must provide buyers time to perform a lead inspection. Most private housing, public housing, and federally-owned housing receiving federal assistance built prior to 1978 are affected by this rule.
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if this economy is presently producing 12 units of good b and 0 units of good a the opportunity cost of increasing production of good a from 0 units to 1 unit is the loss of
If the economy is now producing 15 units of buttery and Zero units of guns, increasing the production of guns form 0 to 3 units would cost 3 units in opportunity costs.
What kinds of opportunity costs are there?Its opportunity cost is the combination of the money that could be spent in other ways and the time spent studying. There's an opportunity cost connected with not growing wheat or using the resources in that other way when a farmer decides to do so (land and farm equipment).
What does opportunity cost mean in a nutshell?The benefits that are given up by choosing 1 action option over another are referred to as opportunity costs in economics. In essence, it is the value of the untaken road. While ignoring opportunity costs is straightforward, understanding missed chances
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which technique involves getting compliance to a less costly request and then reneging on it and replacing it with a more costly request? a. door-in-the-face b. low-ball c. that's-not-all d. foot-in-the-door
The door-in-the-face technique involves obtaining compliance with a less expensive request and then rejecting it and replacing it with a more expensive request. This technique is often used to convince an individual to do something they may not be inclined to do.
First, the applicant makes a larger request, followed by a smaller request. When the applicant makes a larger request, the individual usually responds with a refusal. The applicant then successfully used the door-in-the-face technique. This technique depends on the individual's feeling of being indebted to the applicant. The door-in-the-face technique is effective because the individual feels that he is more approachable and has a higher chance of matching.
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you are in the process of estimating the activity durations for the various activities contained in the scope baseline for a large project being undertaken by your organization. you have an activity that will most likely take eight days to complete. it has been determined that the activity has a best case scenario of being completed in four days and a worst case scenario of taking 18 days. which duration will you record for this activity using pert?
In the process of estimating the activity durations for the various activities contained in the scope baseline for a large project being undertaken by your organization.
You have an activity that will most likely take eight days to complete. it has been determined that the activity has a best case scenario of being completed in four days and a worst case scenario of taking 18 days.
In PERT (Program Evaluation and Review Technique), the duration of an activity is estimated using a weighted average of the best case, most likely, and worst case scenarios. The formula used to calculate the duration is:
Duration = (Optimistic + 4 * Most Likely + Pessimistic) / 6
For this activity, the duration would be recorded as:
Duration = (4 + 4 * 8 + 18) / 6 = 10 days
So, the duration recorded for this activity using PERT would be 10 days.
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Which of the following goods or services can be allocated in a market economy?Automotive insurance,Preventive health care.
The goods or services like automotive insurance and preventive health care can be allocated in the market economy.
In a market economy, scarce products and services are distributed via the impact of pricing on decisions about production and consumption. Relative prices fluctuate as a result of variations in supply or demand, which prompts buyers and sellers to alter their purchase and selling decisions.
In a market economy, activity happens at random. It is not governed by a centralized body; rather, the supply and demand for products and services decide it.
Consumer demand is taken into account while producing goods and services. Because customers will pay the greatest prices for the products and services they desire most and companies will create those goods and services that will generate a profit, market economy mechanisms ensure that the goods and services that the majority of people desire are produced.
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what method is used to consider alternate ways of conducting business to manage risk? a. resource planning b. globalization c. scenario planning d. semiglobalization
Answer:The answer is D
Explanation:
Fiscal Policy - Discovering Data The accompanying graph plots the growth of general government debt for the following countries • United States - France • Italy • Greece • Germany • United Kingdom United Kingdomc. Rank the countries from the largest to smallest increase in government debt from 2007 to 2015
Fiscal policy affects the economy through taxation and spending. The fiscal policy usually boosts growth and reduces poverty. During the global economic crisis, governments supported banking systems, boosted growth, and protected vulnerable groups through fiscal policy.
The Group of 20 industrial and emerging market countries announced “unprecedented and concerted fiscal expansion” in their April 2009 London communiqué.
Fiscal policy has fluctuated in importance. Before 1930, laissez-faire ruled. After the stock market crash and Great Depression, officials called for government intervention in the economy. After the global financial crisis threatened global recession, many governments reverted to a more active fiscal policy.
Policymakers use monetary and fiscal policy to influence the economy. Interest rates, bank reserve requirements, and the purchase and sale of government assets and foreign currencies by central banks indirectly target activity. Governments affect the economy by changing taxes, spending, and borrowing.
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