Erosion on the area where the trees once were is killing all the fish in the streams by flowing into them. The logging company is considered to be a part of the market failure.
When products and services are distributed inefficiently in the free market, this is referred to as market failure in economics. A market that functions optimally has forces of supply and demand that are counterbalanced, with a change in one side of the equation causing a change in price that preserves the market's equilibrium. However, something disrupts this balance in a market failure.
The individual incentives for rational behaviour do not result in rational outcomes for the group when markets fail. To put it another way, each person makes the best choice for herself, but the group as a whole suffers as a result.
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Which of the following is an example of a finite population in a queuing system?
a) People waiting to place their order at a fast food restaurant
b) People waiting in line in a back-office to drink water.
c) People waiting in line in a front-office to drink water.
d) Patients seeking help in a hospital emergency room
e) Taxpayers calling for assistance from the IRS
One example of the a finite population inside a queuing system is the department faculty waiting in line at the copier.
What is population and example?This could be made up of a grouping of persons, objects, occurrences, organizations, etc. Employ populations to draw any conclusions. inhabitants in Figure 1. All the students in a single school might well be considered a population. Each of the pupils who'd been registered at such a specific school at the time the data were being collected would be included.
Why is it called population mean?The population mean is the total group, dispersion, or population's determined average. It is determined by dividing the entire population of factors but by amount of all demographic variables.
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Forms of trust include all of the following except Multiple Choice
O constructive.
O contractual.
O communication
O competence.
O character
A constructive trust is not the same as real trust, according to conventional definitions.
Define Constructive Trust.The court may use a constructive trust as a remedy to compel someone who has property to which they are not legally entitled to transfer it to the intended beneficiary as established by the court.
A passive arrangement known as a "constructive trust" maintains property with one party acting as its nominal owner for the benefit of one or more beneficiaries. This property could be anything you can think of, including real estate, cash, valuables, artwork, vehicles, and bank accounts. Contrary to popular belief, a constructive trust is a formal arrangement over assets that a court has deemed one party is not reasonably entitled to possess. It is a fictitious legal theory that protects against unfair enrichment.
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briefly describe the five criteria that measure the effectiveness of a performance management system.
Planning, monitoring, developing, rating, rewarding are the five criteria that measure the effectiveness of a performance management system.
The term "performance management system" can refer to a wide variety of approaches and tools used to assess and improve employee performance. There are some common elements of performance management systems.
These elements include setting goals, providing feedback, and offering opportunities for development. When used effectively, performance management systems can help organizations to improve employee productivity and engagement.
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Which of the following is not a characteristic of the Oa. The accrual basis of accounting supports the O b. Revenues and expenses are reported in the accrual basis of accounting? matching concept. period in which cash is received or paid. C. Expenses are reported in the same period as the revenues to which they relate. O d. Revenues are reported on the income statement in the period in which they are earned.
The time in which cash is received or paid is when revenues and costs are reported. As a result, choice A is accurate.
Revenues and expenses are reported in the period in which cash is received or paid under the cash basis of accounting, not the accrual basis.
According to the accrual foundation of accounting, regardless of when cash is received or paid, revenues and expenses should be shown in the income statement in the period they are earned or incurred. The matching idea of accounting, which asserts that expenses should be recorded at the same time as their associated expenses are incurred, is likewise supported by this.
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The correct question is:
Which of the following is not a characteristic of the accrual basis of accounting?
A. Revenues and expenses are reported in the period in which cash is received or paid.
B. Revenues are reported in the income statement in the period in which they are earned.
C. Supports the matching concept.
D. All are correct
fixed overhead variances assume that exxonmobil uses a standard cost system for each of its refineries. for the houston refinery, the monthly fixed overhead budget is $9,900,000 for a planned output of 6,000,000 barrels. for september, the actual fixed cost was $10,115,000 for 5,950,000 barrels. a. determine the fixed overhead budget variance. $answeranswer b. if fixed overhead is applied on a per-barrel basis, determine the volume variance. $answeranswer
Fixed overhead budget variance is equal to $9,900,000 - $10,115,000 = 215000. Volume variance is equal to the discrepancy between the amount that was actually sold and what was anticipated by the budget
The difference between the amount projected for fixed overhead costs based on production volume and the amount that is ultimately absorbed is known as the fixed overhead volume variance.
At the conclusion of a particular period, this variance is examined as part of the cost accounting reporting package. Difference between the amount budgeted for fixed overhead costs based on production volume and the amount that is eventually absorbed.
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Which of the following is NOT one of the four reasons that we study OM?
A. we want to know how goods and services are produced
B. it is one of the three major functions of any organization
C. we want to understand what marketing managers do
D. it is such a costly part of an organization
A. Want to know how goods and services are produced is not one of the four reasons that we study OM.
Studying Operations Management (OM)Studying Operations Management (OM) is a critical part of understanding how organizations operate. OM focuses on the coordination of activities, the use of resources, and the creation of value. There are four main reasons why we study OM.
We study OM to understand how organizations obtain resources. This includes:
Both physical resources such as raw materials and labor, as well as intangible resources such as financial capital, technology, and information. By understanding how organizations acquire their resources, we can better anticipate their needs and opportunities.Learn more about Studying Operations Management at: https://brainly.com/question/14598400
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question content areain 2021, jenny had a $12,000 net short-term capital loss and deducted $3,000 as a capital loss deduction. in 2022, jenny has a $18,000 0%/15%/20% long-term capital gain and no other capital gain or loss transactions. which of the statements below is correct for 2022?
In 2022, Jenny can deduct $3,000 as a capital loss carryforward from the previous year, reducing her long-term capital gain to $15,000. She will be taxed on the remaining $15,000 at the 0%, 15%, or 20% rate, depending on her income level.
The gain or loss resulting from the sale of an eligible investment that was held for more than a year at the time of sale is referred to as a long-term capital gain or loss. In contrast to this can be short-term gains or losses on investments that are sold off in less than a year.
In case the property is a long-term asset, LTCG tax of 20% is levied. NRIs must also make sure that taxes are deducted from gains made rather than sales proceeds.
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which total cost rises when the firm produces one additional unit of output is called a. average cost. b. marginal cost. c. fixed cost. d. variable cost.
Option b. the marginal cost rises when the firm produces one additional unit of output
The term "marginal cost" describes the rise in manufacturing costs brought on by the creation of more product units. A different name for it is the marginal cost of production. Businesses may evaluate how the volume produced affects the cost and eventually profits by calculating the marginal cost.
Marginal Cost is calculated as Change in Total Cost / Change in Quantity, where a Change in Total Cost is calculated as the Total Cost of Production for a normal unit less the Total Cost of Production for an additional unit. Change in Quantity is calculated as Total Quantity Product minus Total Quantity Product of Additional Unit.
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an economy can effectively employ money as a unit of account only when its purchasing power is relatively stable because when it's not, buyers and sellers can't do what?
Money can only be used effectively as a unit of account in an economy provided its purchasing power is comparatively steady because otherwise, buyers and sellers are unable to precisely define the terms of trade.
What is economy?An economy is a place where goods and services are created, sold, traded, and used. According to common understanding, it is a social domain that emphasizes the actions, discourses, and outward expressions related to the production, use, and management of finite resources. Major factors of an economy's processes include one's culture, values, education, technical development, history, social organization, political structure, legal system, and natural resources. These elements set the guidelines and conditions that govern how an economy functions in addition to giving background and substance. To put it another way, the economic sphere is a social domain made up of interrelated human actions and trades that are mutually exclusive.
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Starting from monthly sales data, if you wish to get weekly sales data, use the feature. a slice and dice ® O b. drill down O c.extract data O d. roll up Hide Feedback Incorrect
Starting from monthly sales data, if you wish to get weekly sales data, use the b. drill down feature.
In the field of computer studies, when we want to move to more specified data rather than the general one, then the drill-down feature is used.
Monthly sales data will be generalized data about the sales that were made ina given month. In order to know about the weekly sales in that month, we need to use the drill-down feature.
Using the drill-down feature, we will get to know the weekly sales that were made in each week of the month. By using the drill-down feature, everyday sales can also be known.
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universal company reported revenue in its income statement for the year of $350,000. the beginning and ending balances of accounts receivable, gross were $35,000 and $42,000, respectively. what amount would be reported as cash receipts from customers in the operating activities section of the statement of cash flows using the direct method?
The amount to be reported as cash receipts in the operating activities section of the cash flows is $3,57,000
The computation of the cash flows from operating activities to be reported on the statement of cash flows for the year is computed below:
= Net income reported on the income statement + decrease in account receivable
where,
Net income reported = $3,50,000
And, the decrease in Debtors is $7,000 ($42,000 - $35,000)
So, the cash flow from operating activities is:
= $3,50,000 + $7,000
= $3,57,000
The decrease in account receivable means that more cash has come so it would be added and the same is shown in the above calculation.
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compute the contribution margin and the segment margin of each division and the company as a whole. what will be the impact on net income if the magazine division is eliminated?
The magazine division's net income would plummet to $24,540 if Anderson Publishing were to disappear. The book division's gross profit was $4,682,500, the magazine division was $969,800, and the contribution margin for both was $5,625,000 and $2,016,100.
The Anderson Publishing contribution margin income statement and fixed cost allocation computations are presented in full below.
Section for contribution margin income statement
Book Division Magazine Division Total
8,200,000 3,469,200 11,669,200
Less Variable cost:
The component of the cost of goods supplied that is variable
2,400,000 1,196,400 3,596,400
Variable operating cost
175,000 256,700 431,700
Contribution margin
5,625,000 2,016,100 7,641,100
Less traceable fixed cost
1,997,100 987,440 2,984,540
Segment margin
3,627,900 1,028,660 4,656,560
Less common fixed cost
2,076,400 1,526,960 3,603,360
Net profit 1,551,500 (498,300) 1,053,200
Calculations
Traceable fixed cost of Magazine division
= (1,303,000 × 20%) + (1,211,400 × 60%) = $987,440
Common fixed cost of Magazine division
= (1,303,000 + 1,211,400) - 987,440 = 1,526,960
Traceable (direct) fixed cost of Book division
= (1,117,500 × 20%) + (2,956,000 × 60%) = $1,997,100
Common fixed cost (untraceable) of Book division
= (1,117,500 + 2,956,000) - 1,997,100 = $2,076,400
If the magazine division is discontinued, Anderson Publishing may completely avoid or remove the direct fixed cost of $987,440 for the magazine segment.
However, the Magazine division's Common Fixed Cost of $1,526,960 cannot be avoided.
Estimating net income in the event that the Magazine Division is abolished
Particulars $
The segment margin of the Book division 3,627,900
Less common fixed cost (2,076,400 × 1,526,960) 3,603,360
Net income 24,540
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which of the following is most important to the daily operations of a business?
The correct option is C. Cash. Cash is another name for money. Bank accounts and marketable securities, such as government bonds and banker's acceptances, are typically included in the definition of "cash" in a business context.
Cash is defined in economics as money that is present in the form of coins and banknotes. Cash is defined as current assets in bookkeeping and financial accounting, which include currency or currency equivalents that may be obtained immediately or almost immediately (as in the case of money market accounts). Cash is viewed as a reserve for payments, as a safety net in the event of a structural or unavoidable negative cash flow, or as a means of preventing a decline in the financial markets. Money or coins that are legal tender can be used to pay for goods, debts, or services. Additionally, as stated by a corporation, it occasionally includes the worth of assets that can be quickly converted into cash.
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in which type of indirect measurement approach to measuring the relative importance of consumers' evaluative criteria are consumers presented with several descriptions of alternatives and asked to rank all of them in terms of his or her preference for those combinations of features? group of answer choices perceptual mapping regression analysis factor analysis conjoint analysis cluster analysis
Perceptual mapping is the type of indirect measurement approach to measuring the relative importance of consumers' evaluative criteria are consumers presented with several descriptions of alternatives and asked to rank all of them in terms of his or her preference for those combinations of features.
What is Perceptual mapping?Perceptual mapping refers to the graphs that businesses use to show how consumers perceive different items, products, or brands. By collecting aggregated consumers data, we create an overview of how key users understand the relative positions of various products or brands within the larger ecosystem. Perceptual Mapping is a charting technique used by property marketers who seek to visually represent the perception of a customer or potential consumers . Brand positioning is influenced more by consumers perceptions than by companies. Perception Mapping are charts that represent what consumers think about products and services.It can reflect not just your offer, but what you think of other brands and even your competitors and products.To learn more about Perceptual mapping from the given link :
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For a given population and a given quantity of labor employed, what will happen to aggregate production and income per capita if there is an increase in a nation’s capital stock?
An increase in a country's capital stock will result in a rise in aggregate production and income per capita for a given population and a given quantity of labor employed.
What is Per Capita Income?Per capita income is the amount of money that each person makes within a nation or geographic region. In order to calculate the average income per person in a region and to assess the population's level of living and quality of life, per capita income is used. The per capita income of a country is derived by dividing the national income by the population of the country.
Every person, including newborns, is included in the population when calculating per capita income. This contrasts with other popular measures of an area's prosperity like household income, which classifies all individuals living in a single home as a household, and family income, which classifies individuals living in a single home who are related to one another through birth, marriage, or adoption as a family.
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atlantis fisheries issues zero coupon bonds on the market at a price of $462 per bond. these are callable in 7 years at a call price of $530. using semiannual compounding, what is the yield to call for these bonds?
The yield to call for the said bonds is 1.95%
Market price = $462
Time to be callable = 7 years
Call price = $530
The amount a bondholder or an investor would make if they held a bond until it was called before to maturity is known as yield to call. However. Bonds with a zero coupon give no coupon payments.
Using the formula of yield to call -
[( CP - MV ) / n ] / [ (CP + MV ) / 2 ]
Substituting the values -
= [( 530 - 462 ) / 7 ] / [ ( 530 + 462 ) / 2 ]
= ( 68/7) / 496
= 9.71/496
= 0.01958 or
= 1.95%
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assuming the projects are independent, which one(s) would you recommend? -select- if the projects are mutually exclusive, which would you recommend? -select- notice that the projects have the same cash flow timing pattern. why is there a conflict between npv and irr?
The present value of a flow of payments from a business, project, or investment is determined using net present value (NPV). It is the distinction between the current value of cash inflows and outflows over a given time period.
a. The NPV for the given question is calculated and attached in the form
of an image. The following computations are as under
IRR: IRR is the rate at which present value of cash inflows is equal present value of cash outflows.
Project A : 9000 = 3000/ (1+r)^1 + 3000/ (1+r)^2 + 3000/ (1+r)^3 + 3000/ (1+r)^4 + 3000/ (1+r)^5
Solving for r we get, IRR = 19.86%
Project B : 27000 = 8400/ (1+r)^1 + 8400/ (1+r)^2 + 8400/ (1+r)^3 + 8400/ (1+r)^4 + 8400/ (1+r)^5
Solving for r we get, IRR = 16.80%
MIRR = [Square root of (Present value of cash flows/ Initial Investment)] - 1
The present value of cash flows are calculated above in the table
MIRR Project A = [Square root of 10299.24/9000] - 1 = 1.0697 - 1 = 6.97%
MIRR Project B = [Square root of 28837.88/27000] - 1 = 1.0335 - 1 = 3.35%
Payback period is the number of years in which the initial investment is recovered.
Payback period A = 9000 /3000 = 3 years
Payback period B = 27000 / 8400 = 3.21 years
Discounted Payback period:
As per the NPV table above,
For project A, amount recovered upto 4 years = $8741.14, Balance to be recovered = $9000 - $8741.14 = $258.86
Discounted payback period = 4 + 258.86 / 3000 = 4.09 years
For project B, amount recovered upto 4 years = $24475.18, balance to be recovered = $27000 - $24475.18 = $2524.82
Discounted payback period = 4 + 2524.82 / 8400 = 4.30 years
b. Both projects would be accepted since both of their NPV's are positive
c. If the projects are mutually exclusive, the project with the highest
positive NPV is chosen. Accept Project B.
d. Since the cash flow timing is the same , The conflict between NPV and
IRR occurs due to the difference in the size of the projects.
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Complete question:
A firm with a 14% WACC is evaluating two projects for this year's capital budget. After-tax cash flows, including depreciation, are as follows Project A $9,000 $3,000 $3,000 $3,000 $3,000 $3,000 Project B $27,000 $8,400 $8,400 $8,400 $8,400 $8,400
a. Calculate NPV for each project. Calculate IRR for each project. Calculate MIRR for each project. Calculate payback for each project. Calculate discounted payback for each project. Round your answers to two decimal places.
b. Assuming the projects are independent, which one(s) would you recommend?
c. If the projects are mutually exclusive, which would you recommend?
d. Notice that the projects have the same cash flow timing pattern. why is there a conflict between npv and irr?
suppose that the price of some good has increased by 30% each year for the past few years. if bob is risk-neutral and expects that the good is overpriced. the current price is $10,000, but he does not think it is actually worth more than $3,000. however, bob thinks that there is a 90% chance that the price will increase by 30% this year, with a 10% chance that the price falls back to $3,000. if bob's expectations are correct, what is the expected return, in percent terms, from investing in the good? be sure to include a negative sign if the number is negative. expected return:
Think that the charge of a few properly has increased by way of 30% every yr for the past few years if bob is threat-impartial and expects that the best is overpriced the present-day fee is $10,000.
go back while the rate rises = 30%
return while the price falls = (3000 - 10000)/10000 x 100 = -70%
predicted return = possibility x go back
predicted return = 30% x 90% + -70% x 10% = 20%
- he's going to invest in the correct (better-expected go-back).
The predicted return on a economic funding is the anticipated price of its return. it's miles a degree of the center of the distribution of the random variable that is the go back.
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during the 2021 fiscal year, donckers inc. was forced to sell one of its properties to the local government. the land had a carrying value of $150,000 but donckers received $160,000 from the sale, thus resulting in a gain of $10,000. if donckers uses the indirect method to prepare its yearly statement of cash flows, it should adjust for the effects of this sale by
In the indirect approach, non-cash items are added to and subtracted from the cash flow statement after starting with net income on an accrual basis to reconcile.
When is the statement of cash flows prepared using the indirect method?The statement of cash flows for the indirect method starts with net income or loss and then adds or subtracts from that amount non-cash revenue and expense elements to arrive at cash flow from operating activities.
When is the statement of cash flows prepared using the indirect technique if accounts receivable?In order to determine the amount of cash created by operations, the indirect technique for preparing the statement of cash flows adjusts net income with changes in balance sheet accounts.
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as outlined by branding expert kevin lane keller, the benefits of strong brand equity include all of the following except: a) greater loyalty. b) more vulnerability to marketing actions. c) less vulnerability to marketing crises. d) more inelastic consumer response to price increases.
As outlined by branding expert Kevin Keller, the benefits of strong brand equity include all of the following except: more vulnerability to marketing actions.
When compared to a generic equivalent, brand equity is the value premium that a company generates from a product with a recognizable name. Companies can build brand equity for their products by making them memorable, easily recognizable, and superior in terms of quality and dependability.
It is the amount of sway a brand name has in the minds of consumers, as well as the value of having a brand that is easily identifiable and well remembered.
Hence, the correct answer is "B".
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when there is , businesses and consumers can spend and invest with confidence. as they spend and invest with confidence, more goods and services are produced and more workers are hired, which moves the economy toward employment.
Businesses and consumers can spend and invest with confidence is as they spend and invest with confidence.
Invest is put money into financial schemes, shares and property with the predicted and expectation of achieving a profit.
If consumers are very confident, they will buy lots of shares of a particular firm in terms of goods and services. In other words, they will spend a lot of money. However, If their confidence is low, they will spend less and save more.
If a business has low levels of confidence in the economy there will be lower levels of investment and so lower economic growth that leads company get less hired worker due to the revenue generate by the company.
In business confidence if uncertainty about the future can reduce confidence and means that firms may postpone their investment decisions until confidence returns.
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when the master budget was prepared, vann enterprises had direct material per unit costs of $12.43, direct labor per unit costs of $8.46, and manufacturing overhead per unit costs of $14.29. they planned to sell 16,000 units in the first quarter. however, in the first week of the first quarter, the direct material per unit costs rose to $16.12, which increased the selling price of the finished product. therefore, vann enterprises only sold 15,500 units. what would the difference in cost of goods sold be between the budgeted income statement and the actual income statement? $59,040 increase $39,605 decrease $59,040 decrease $39,605 increase
Option $39,605 enlarge is proper answer. The budgeted cost of goods bought is $35.18 per unit ($12.43 + $8.46 + $14.29) and a complete of $562,880 ($35.18 × 16,000).
The authentic cost of goods offered is $38.87 per unit ($16.12 + $8.46 + $14.29) and a total of $602,485 ($38.87 × 15,500).
The actual fee of goods sold extended by using $39,605 over budgeted fee of goods sold.
What was once the distinction between the budgeted earnings and the real income?Actuals are described as the – the proper charges and genuine profits generated throughout the 12 months that contribute to authentic revenue and money flow. The distinction between the actuals and your finances displays your price range variance. A favorable variance indicates fine numbers for your key overall performance indicators.
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https://brainly.com/question/22850896#SPJ4an oligopoly would tend to restrict output and drive up price if a. barriers to entering the industry are negligible. b. firms collude and behave like a monopoly. c. firms engage in informative advertising. d. firms produce a standardized product.
An oligopoly would tend to restrict output and drive up price if "firms collude and behave like a monopoly."
A limited number of companies compete in an oligopoly market and are aware of how their pricing and production strategies are interdependent. Because there are only a few number of businesses, each one has a respectable level of market power.When a small number of significant sellers or manufacturers dominate a considerable percentage of a market or an entire sector, the situation is referred to as an oligopoly. The desire to maximize profits frequently gives birth to oligopolies, which can lead to corporate cooperation.Oligopoly is a type of imperfect competition that is typically characterized as rivalry among a small number of parties. Therefore, oligopoly arises when there are two to ten vendors providing similar or distinct goods in a market. The market for cold drinks is a prime illustration of an oligopoly.Thus the correct answer is B.
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based on a cost analysis case study of a cloud deployment, using cloud computing resulted in a company reducing its annual operating cost of operation for power, labor, and hardware by approximately how much?
According to the cost analysis case study of a cloud deployment, the company's annual operational costs for hardware, labor, and power were decreased by approximately 50% as a result of employing cloud computing. Thus, the third option is correct.
Cloud computing, in its simplest form, is the distribution of computing services such as servers, storage, databases, networking, software, analytics, and intelligence through the Internet to promote quicker innovation, adaptable resources, and scale economies.
New methods of working, functioning, and conducting business are made possible by cloud technology's agility and flexibility. It is crucial for assisting organizations and individuals in fulfilling and realizing the promise of digital transformation.
Therefore, 50%, the third option, is the ideal choice.
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Your question is incomplete, but most probably the full question was,
Based on a cost analysis case study of a cloud deployment, using cloud computing resulted in a company reducing its annual operating cost of operation for power, labor, and hardware by approximately how much? 10% 20% 50% 80% .
the demand for money will shift to the right as a result of (multiple answers are accepted) select an answer and submit. for keyboard navigation, use the up/down arrow keys to select an answer. a an increase in gdp. b an increase in the interest rate. c a decline in the interest rate. d an increase in wealth.
The demand for money will shift to the right with an increase in nominal GDP. So option a. is correct.
An increase in GDP will raise the demand for money because people will need more money to make the transactions necessary to purchase the new GDP. In other words, real money demand rises due to the transactions demand effect.
Money supply refers to all the currency and other liquid instruments in a country's economy. Gross domestic product (GDP) is a measurement of the total value of the finished goods and services produced within a country's borders within a specified period of time.
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in contrast to digital marketing, where customers receive clear and correct information about any product or service, there is little likelihood that customers will be misled by salespeople in traditional marketing. t or f
In contrast to digital marketing, where customers receive clear and correct information about any product or service, there is little likelihood that customers will be misled by salespeople in traditional marketing is true.
What exactly does marketing mean?For the purpose of generating, conveying, delivering, and trading offerings that are valuable to customers, clients, partners, and society at large, marketing refers to a variety of activities, institutions, and procedures.
The importance of marketingThe benefit of marketing to your company is that it informs consumers about your goods and services, engages them, and influences their decision to purchase. A marketing strategy, which should be a component of your business plan, can also aid with demand creation and maintenance as well as relevancy, reputation management, and competitiveness.
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a internet research firm gathers data on billions of search queries across thousands of categories. the analysts do not need to clean the data, because the data is always perfectly clean and accurate. a typical data set of queries may have a minimum of 100,000 rows of data. the research firm's main revenue source is its consulting operation, in which analysts and associates consult major firms in many different industries, including transportation, retail, manufacturing, and technology/software. the data consists of text, quantitative variables, categorical variables, video and others. however these firms only require data consulting services about once every 5 years, so the demand for the data is slow. does the scenario above meet the four qualifications of big data?
The volume and variety requirements are met by the data, however the velocity and veracity requirements are not.
What are the key obstacles for big data's 4 V?Companies struggle greatly to achieve high-quality data integration due to the continually changing data sources and the growing amounts of created data. All of those difficulties collectively are known as "The 4 V's of Big Data." Veracity, Volume, Variety, and Velocity of data are what they are.
What training is necessary for big data?Getting a job as a big data analyst. Although a degree in math, statistics, finance, economics, or computer science is sometimes required for Big Data professions, this isn't always the case. The industry is always evolving, just like the data it analyzes, therefore the job demands that specialists continually advance their skills.
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Aurora township is asking all of its citizens to chip in and donate money to build a new library. tommy thinks he already pays enough money in taxes, so he chooses not to donate. he knows that even if he does not contribute he will be able to use the library once it is built. This is an example of:
a. Adserve selection
b. The free rider problem
c. Asymmetric information
d. Tragedy of the commons
e. Moral hazard
Since Tommy knows that even if he does not contribute he will be able to use the library once it is built, this is an example of: B. The free rider problem.
What is the free rider problem?In Economics, the free rider problem can be defined as a type of market failure and burden that typically occurs when people who benefit from public goods (products) or shared resources refuse to pay for them or financially contribute to their development.
This ultimately implies that, a free rider problem simply refers to a type of problem that typically exists or arises when people who cannot be excluded from using a good (product) choose not to pay for it.
In this context, we can reasonably infer and logically deduce that the refusal of Tommy to donate money to build a new library because he knows he would be able to use it once it is built, is an example of the free rider problem.
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which of the following is true about learning in organizations? question 45 options: about 10% of knowledge in organizations is tacit about 90% of knowledge in organizations is tacit
This is also true of learning within organizations approximately 90% of knowledge within organizations is tacit.
Any organization's tacit knowledge is ingrained and synthesized to a degree of about 90%. It has a significant impact on how effectively the knowledge is used across businesses.
Business-specific expertise is used in the workplace as tacit knowledge. It may also cover the abilities required to successfully negotiate customer requirements or close a sales contract. These traits develop as a result of certain workplace experiences, and they aren't always simple to convey to new team members.
Tacit knowledge is information you have learned via practical application in both your personal and professional lives. Because it is influenced by our individual views and ideals, it is frequently subjective, informal, and challenging to discuss or express.
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Which of the following is a traditional tool used by the Fed during recessions?
A. quantitative easing
B. higher interest rates
C. open market operations
D. coins and paper currency
The option that is a traditional tool used by the Fed during recessions is open market operations. (Option C)
What is an open market operation?
The Fed is the Central Bank of the United States. One of the functions of the Fed is to ensure financial stability. Recession is when the gross domestic product of a country for four consecutive quarters is negative.
When there is a recession, the Fed would want to increase the money supply in the economy. An increase in the money supply would fuel economic activities. One of the ways that money supply can be increased is through an open market purchase. An open market purchase would increase the money supply in the economy and should boost the economy out of a recession.
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