African Americans' already dire economic circumstances were made worse by the Great Depression of the 1930s.
The Great Depression was what?Beginning in the United States in 1929 and extending to other nations, the Great Depression was the longest and severe economic downturn in modern history. It was characterized by steep increases in the rates of homelessness and poverty, as well as by widespread unemployment, drops in prices, and declines in industrial productivity (deflation).
What caused the Great Depression to occur?It all started with the 1929 stock market crisis, which shut down Wall Street and cost millions of investors their money. Consumer spending and investment fell in the years that followed, and as faltering businesses let employees go, industrial output and employment fell quickly.
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to determine the market potential for its particular product or service, a firm should use
A. GDP data.
B. unemployment data.
C. Purchasing power parity data.
D. infaltion data.
E. as many metritcs as it can obtian.
A company should use GDP data to ascertain the market potential for its specific product or service.
The gross domestic product (GDP) is the total monetary or market value of all finished products and services produced within a country's borders during a specific time period. Because it is a broad indicator of total domestic production, it provides an exhaustive evaluation of the state of the economy in a particular country. Although it is often calculated on a yearly basis, GDP can also be computed on a quarterly basis. For instance, the US government estimates the annualized GDP for the entire year as well as each fiscal quarter. Each item of information in this report is given in real terms,
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flotation costs increase the cost of newly issued stock compared to the cost of the firm’s existing, or already outstanding, common stock or retained earnings.
Any time dividends are paid to stock holders, it might have an effect on a company's retained earnings.
Are common shares and retained earnings the same thing?Retained profits are a portion of the firm's net earnings that are left over after paying dividends to shareholders, as opposed to common stock, which represents the ownership of the company by equity shareholders.
On a balance sheet, what is common stock?Common stocks are listed on the balance sheet as the total number of a company's shares. The company's owners are its common stockholders, who also have voting rights and are entitled to dividends. They could be outside investors, insiders, or firm promoters.
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which of the following statements is true? group of answer choices if the gini coefficient is 1.00, then the lorenz curve and the line of perfect income equality coincide. if the gini coefficient is 0.50, then one-half of the households earn one-half of the income, and the other half of the households earn the other half. if the government succeeds in decreasing income inequality, then the gini coefficient will decrease. if the gini coefficient is large, then the space between the lorenz curve and the line of perfect income equality will be small.
If the government succeeds in decreasing the income inequality, then the gini coefficient will decrease.
What is Gini coefficient?
The Gini coefficient is a measure of statistical dispersion that is used to measure the inequality of a distribution. It is most commonly used to measure wealth distribution or income inequality, but can also be used to measure the inequality of any distribution of data. The Gini coefficient ranges from 0 to 1, with 0 indicating perfect equality and 1 indicating perfect inequality.
Explain the term Income inequality?
Income inequality is the unequal distribution of income and wealth among individuals or groups within a society. It is a significant issue in many countries around the world, with the gap between the rich and the poor widening in many countries. Income inequality can be measured in terms of Gini coefficients, which measure the degree of inequality in a society.
Therefore, the true option is Option C.
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which of the following accurately describes the most common treatment of public colleges and universities for purpose of financial reporting? select one: a. general purpose governments engaged in governmental activities b. general purpose governments engaged is business-type activities c. special-purpose governments engaged in business-type activities d. special-purpose governments engaged in governmental activities
The maximum not unusual place remedy of public schools and universities for reason of monetary reporting is c. special-reason governments engaged in enterprise-kind activities.
The required details for Financial reporting in given paragraph
Financial reporting is the monetary effects of an enterprise which can be launched its stakeholders and the public. This reporting is a key feature of the controller, who can be assisted with the aid of using the investor family members officer if an enterprise is publicly held.
What is Included in Financial Reports?
Financial reporting normally includes the issuance of monetary statements, which encompass the profits assertion, stability sheet, and assertion of coins flows. There can also be accompanying footnote disclosures, which encompass extra element on sure topics, as prescribed with the aid of using the applicable accounting framework. In addition, a enterprise may nation any monetary statistics that it chooses to publish approximately itself on its website. it could additionally difficulty annual reviews to its shareholders.
Finally, it could difficulty a prospectus to ability buyers regarding the issuance of securities with the aid of using the enterprise.
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The maximum not unusual place remedy of public schools and universities for reason of monetary reporting is c. special-reason governments engaged in enterprise-kind activities.
The required details for Financial reporting in given paragraph
Financial reporting is the monetary effects of an enterprise which can be launched its stakeholders and the public. This reporting is a key feature of the controller, who can be assisted with the aid of using the investor family members officer if an enterprise is publicly held.
What is Included in Financial Reports?
Financial reporting normally includes the issuance of monetary statements, which encompass the profits assertion, stability sheet, and assertion of coins flows. There can also be accompanying footnote disclosures, which encompass extra element on sure topics, as prescribed with the aid of using the applicable accounting framework. In addition, a enterprise may nation any monetary statistics that it chooses to publish approximately itself on its website. it could additionally difficulty annual reviews to its shareholders.
Finally, it could difficulty a prospectus to ability buyers regarding the issuance of securities with the aid of using the enterprise.
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bishan is risk averse. this means he would consider only one of the following options, immediately rejecting all of the others. which one would bishan consider? a 50% chance of a 20% return and a 50% chance of a 20% loss a 40% chance of a 20% return and a 60% chance of a 10% loss a 40% chance of a 20% return and a 60% chance of a 15% loss a 50% chance of a 20% return and a 50% chance of a 30% loss
Bishan has a 40% chance of a 20% return and a 60% chance of a 10% loss.
What is risk averse?
Risk aversion is the tendency to avoid danger. A risk-averse investor is one who prioritizes money preservation over the potential for a higher-than-average return. Price volatility and investment risk are the same. A hazardous investment has the potential to increase your capital by two or three times. A conservative investment will grow gradually and steadily over time.
Greater stability results from fewer threats. A low-risk investment almost eliminates the potential of losing any of the initial investment and guarantees a solid but unspectacular return. Over time, a low-risk investment will frequently produce a return that is equal to or just over inflation. A high-risk investment can result in significant gains or losses.
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ten year zero-coupon bonds are trading at 80% of their face values. what is the ten-year zero-coupon discount rate under annual, semi-annual, quarterly, monthly, and continuously compounding conventions?
The ten-year zero-coupon discount rate under annual is 2.23%.
Annual - Every year, each yr, every year, per 12 months, by means of the yr, as soon as a 12 months, every 12 months, per annum, year after year agencies report to their shareholders yearly.
The discount rate is the interest fee charged to commercial banks and different depository establishments on loans they receive from their nearby Federal Reserve bank's lending facility—the bargain window.
Annual Convention
r = 2.23%
Semi - Annual Convention
r = 1.12%
Quarter Convention
r = 0.5594%
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oficina bonita company manufactures office furniture. an unfinished desk is produced for $36.40 and sold for $64.35. a finished desk can be sold for $75.50. the additional processing cost to complete the finished desk is $6.60. prepare a differential analysis
Profit as per desk $3.85 using differential analysis.
Differential analysis- Differential analysis is a decision-making technique that compares the net results of two options by examining the benefits and costs associated with each. The option chosen has the most favorable (or least unfavorable) financial impact.
For example, a revenue differential of $1,000,000 indicates that Alternative 1 generates $1,000,000 more revenue than Alternative 2. The $750,000 difference in variable costs indicates that variable costs are $750,000 higher for Alternative 1 than for Alternative 2.
Managers must be able to perform differential analysis, which focuses on identifying the costs and benefits that differ between alternatives, in order to be successful in decision making.
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which of the following can only happen in the long-run? a farmer buys twice her usual amount of herbicide. a manufacturer increases its purchase of raw materials. two firms exit the asbestos removal industry. a firm lays off two workers.
As was said earlier, the residual cost is determined by dividing the changes in total cost by the changes in output.
the manufacturer? Why are you saying that?A manufacture is a person or company that uses various tools, technology, and processes to transform raw materials into completed goods that are subsequently sold to consumers, business owners, marketers, retailers, or other producers who can employ them to create more complex goods.
What exactly does a manufacturer do?Manufacturing is the process of creating new products from components or raw materials. Due to the fact that all of these businesses produce goods rather than providing services, manufacturing encompasses businesses like bakers, tailors, craftspeople, and auto manufacturers.
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discuss the reason why the technology of chip manufacturing may soon drive the industry to the status of a natural monopoly, and cite evidence from the article that supports the claim that the industry is moving toward a single producer.
Natural monopoly: it’s a type of monopoly that rules in the economy due to economies of scale or high start-up costs. When this firm enjoys these benefits; then they are tagged as a natural monopoly. ATC of natural monopoly: as the firm in natural monopoly enjoys economies of scale, so its ATC is falling.
MC is always below ATC. So if it expands its output then continuously its price falls. When there is cheap technology in the chip manufacturing sector, then its cost of materials will fall. So it will enjoy the status of a natural monopoly.
Economics specializes in the behavior and interactions of financial retailers and how economies paint. Microeconomics analyzes what is viewed as basic factors inside the economy, along with individual agents and markets, their interactions, and the results of interactions. character agents might also include, as an example, households, companies, consumers, and dealers. Macroeconomics analyzes the economy as a gadget in which manufacturing, consumption, saving, and investment have interaction, and elements affecting it: employment of the assets of labour, capital, and land, forex inflation, financial growth, and public policies which have impact on these factors.
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michael works at an accounting firm. he and his colleague, annette, are both eligible for a promotion to a particular role. michael works very hard, but he feels that annette will be promoted as she is more sincere and dedicated to her job. however, michael gets promoted even though annette was a more deserving candidate. this scenario illustrates the concept of .
this scenario illustrates the concept of internal recruitment where Michael gets promoted even though Annette was a more deserving candidate.
What is internal recruitment?Internal hiring is when an organization attempts to fill positions with current employees and source talent from other teams, departments, and positions within the company. Also known as this process allows the team to proactively fill their skill gaps. As talent shortages are expected to continue, HR departments are once again focusing on this critical area.Organizations today use internal recruitment to fill positions within the organization that are best suited to have insider perspectives and knowledge and foster a sense of loyalty and progress in their employees. Internal hiring is an important aspect for any company as it saves time, money and resources compared to external hiring.types are as follows:promotion transfertemporary to a permanent positionlearn more about internal recruitment here
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calculate the deadweight loss associated with the monopoly situation shown.
Deadweight loss is $120 with price, cost, and market quantity of $100, 140. (Units).
What is Monopoly?When there is just one seller in the market, this situation is referred to as a monopoly. The monopoly situation is viewed as the polar opposite of perfect competition in standard economic theory.
The firm produces at M = P if it operates at a level that is socially optimal.
Where,
Q = 140 units,
and P = 10.
If a firm has a monopoly on production, then
It produces at MR = MC
Where,
Q = 100
P = 13 as depicted on the demand curve and MC = 7
Deadweight loss
= 0.5 × (monopoly price - MC) × changes in Q
= 0.5 × (13 - 7) × (140 - 100)
= 120
The deadweight loss is $120
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The full question is,
Calculate the deadweight loss associated with the monopoly situation shown. Price and Cost $13 ---- $10--- $7 MR 100 140 Market Quantity (Units) Click or tap the numbers or use your keyboard to type. If you're not sure, just take a guess. 0 1 2 3 4 5 6 7 8 9 + Done Done
stella, inc. must perform maintenance on its production machinery after every 10,000 units produced. production varies between 12,000 and 30,000 units a year. the cost of this maintenance would be classified as a
This type of the cost maintenance is an example of - A step cost.
What is step cost ?Step costs are costs that remain constant for an activity level but change whenever a threshold is crossed. Step costs are disproportionately affected by changes in a manufacturer's production levels or any enterprise's activity levels. Understanding step costs is crucial at times of demand spikes or traffic jams. To reduce costs, businesses might modify their manufacturing to run just below a step cost barrier. Salaries, benefits, fashion, and other expenses are more instances of step costs for businesses.
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brad has decided to increase the size of his auto repair business, although he realizes that this decision brings added risk. this is an example of what risk? multiple choice speculative managed pure insurable
The appropriate response would be "speculative risk," as it suggests that Brad is aware that his decision may carry some additional risk, but he is still acting on it because it is a sort of speculation, meaning that he may make money, lose money, or do nothing.
What is speculative risk?
Speculative risk is a type of risk that can be chosen willingly and has a profit-or-loss outcome. Every speculative risk is one that is actively chosen to be taken.
Two instances of speculative risks include betting on games of chance and stock market investing. Every one provides the opportunity to either gain money, lose money, or do neither.
Does speculative risk insurable?
Risk taken on speculation may result in loss, gain, or nothing at all. The two most prevalent examples of speculative risk are gambling and investing. Speculative risks are not seen as insurable in the regular insurance market.
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fiscal policies that help an economy in a recession without deliberate actions by policymakers are called:
Fiscal policies that help an economy in recession without deliberate action by policymakers are: automatic stabilizer.
What fiscal policy is used during a recession?
Expansionary fiscal policy is best suited when the economy is in recession and below potential GDP. Contractionary fiscal policy lowers aggregate demand, either through reduced government spending or higher taxes.
What is an automatic stabilizer?An automatic stabilization measure is a type of fiscal policy designed to smooth out fluctuations in a country's economic activity through normal operations without additional timely approval from the government or policymakers. The best-known automatic stabilizers are progressive corporate and income taxes and transfer schemes such as unemployment insurance and social assistance. Automatic stabilization is so called because it has a stabilizing effect on the economy and is automatically triggered without any additional action by the government.
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nelson's metallurgy needs $1.36 million to fund an expansion project. the firm has decided to raise the funds through a negotiated offering. the terms of the offer include an offer price of $22.50 a share and an underwriting spread of 8.1 percent. how many shares must the firm sell in order to raise the funds it needs?
Number of shares = $1,360,000 / (1 - .081) / $22.50 = 65,772, must the firm sell in order to raise the funds it needs.
What are shares ?A stock refers to a share of the capital of a company.In some companies, shares exist as financial assets and surplus earnings can be distributed equally in the form of dividends. Shareholders of shares that do not pay dividends do not participate in profit sharing. Shares are called units of ownership that represent equal shares of a company's capital. One shares gives shareholders equal rights to company profits and losses. There are two main types of shares: shares and preferred shares. The simplest way to buy stocks is by an online stockbroker.After opening and funding your account, you can start buying shares in minutes from your broker's website.To learn more about shares from the given link :
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general electric is pricing its new food processor thus. year 1: $800, year 2: $600, year 3: $ 500, year 4: $550, year 5: $400 this is price skimming. true or false. briefly explain.
This statement is true. The given example indicates price skimming. Price skimming actually refers to the strategy of keeping the initial price of a product higher and lowering it over time by the firm.
When a firm introduces a product in the market, it keeps the price of the product higher to see if the product is being successfully demanded and sold to the consumers at this price. When the firm succeeds at meeting the demand of the first set of consumers, it lowers the price of its product in the subsequent stages to attract price-sensitive consumers and to compete with its substitute firms. This strategy is mainly taken by a firm when the demand for its products decreases due to the entrance of competitors who are able to charge lower prices for the same product. Then, the firm is forced to make the price of its product lower over time.
Rate skimming is a rate-putting strategy that a firm can rent when launching a product or service for the first time. By following this rate of skimming technique and shooting more earnings a firm is able to recoup its sunk costs faster, in addition, to profit off of a higher price within the market before new competition enters and lowers the market fee. It has emerged as an exceedingly commonplace practice for managers in new and developing markets, introducing costs high and losing them over the years.
charge skimming is sometimes known as using down the demand curve. The objective of a price skimming method is to capture the consumer surplus early in the product existence cycle on the way to make the most a monopolistic role or the low fee sensitivity of innovators.
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two different types of plans are used to manage the system development process. a plan that contains developmental and operational requirements and a schedule of the activities required to develop and operate a new application is called a(n): a. master plan. b. application activities plan. c. strategic plan. d. project development plan.
Two different types of plans are used to manage the system development process. a plan that contains developmental and operational requirements and a schedule of the activities required to develop and operate a new application is called a project development plan.
The final project plan is created using the project development plan. It entails incorporating each and every plan produced during various processes or phases into the project's final product.
The Work Breakdown Structure (WBS) should be used by the project team while creating the project plan. A work breakdown structure is a way to divide a project up into smaller parts. Below is an example of a WBS:
The purpose of the project plan is to direct project execution, manage the project, specify timelines, content, and costs, and coordinate stakeholder communication.
Project components, planning results, any other information pertinent to the project, and organizational policies make up the project plan development inputs.
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What are the internal factors that affect pricing?
The price-demand relationship varies in different market classes, and how the way the buyer perceives the price affects the pricing decision. 4 types of markets .
What factors might affect the firm's decision?The company can determinate their payout ratio and the cost of capital of their equity the rest of the option are determined by either the market or the government.It should be accepted as the return is based on the division which WACC is 8% therefore, it will make a good use of the capital as is above the expected capital costIf there is pure competition: merchants in these markets do not devote much time to marketing strategy. There is no charge for the products. It is standardized.In monopolistic competition: it is within a price range, it can vary by quality, or the services that accompany it.In oligopolistic competition: they can be uniform products or not, they are constantly watched over the competition. If prices rise, buyers will quickly change them as a supplier. There are few vendors and it costs others to enter.In a pure monopoly: a market formed by a single supplier, unregulated monopolies have the freedom to set their prices, however they do not take advantage of them for several reasons, not to attract competition, fear of regulation and to penetrate the market.Demand curve: curve that shows the number of units that the market will buy in a specific period at the different prices that could be charged.Price elasticity: Measurement of the sensitivity of demand between changes in the price. It is obtained with the following formula: Elasticity of demand with respect to price = percentage of change in the amount of demand Percentage of change in price.To learn more about factors refer to:
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you launched several new marketing campaigns and want to be notified if any of the campaigns lead to over a 10% increase in goal conversions on a given day. which tool in analytics would you use to set up this alert?
you will use Intelligence Events in analytics to set up this alert
Analytics is a platform in the Marketing Platform brand that measures and reports website traffic. Analytics is a web analytics tool. After purchasing Urchin, goo-gle launched the service in November 2005.
The most used web analytics service online as of 2019 is Analytics. The Analytics for Mobile Apps SDK from Analytics enables the collection of information from iOS and Android apps. Firewalls, browser add-ons, browser extensions, and other tools can all be used to prevent Analytics.
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in the past, __________ controlled supply chains.
In the past, manufacturers controlled supply chains.
A supply chain refers to a network of people and enterprises who are involved in creating products and delivering them to the potential consumer. Links on the supply chain start with the manufacturers of the raw materials and end when the finished products are products are delivered to the final consumers.
Supply chain is a vital process because an optimized supply chain causes lower costs and a more efficient production cycle. Enterprises seek to improve their supply chains so that they can minimize their production costs and remain competitive.
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Prepare the September 1 journal entry for Vicario by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Debit Cash 100,000
Credit Note Payable 100,000
(to record 90-day note borrowing from First National Bank), this would be journal entry for Vicario
Explain the above journal entry.
The double-entry bookkeeping system of accounting is the primary foundation for the journal entry format, which ensures that the debit side and credit side are always equal.
Since the Cash account is an asset account, it should be reported up $100,000 as of September 1 to represent Vicario Inc.'s receipt of the $100,000 in cash from First National Bank through borrowing.
The offsetting Credit entry will be made to represent the obligation of $100,000 payable to the Bank in the Note Payable account, which is a liability account.
No entry is required to record interest expenditure as of 1 September, the first day of taking on the loan, because no interest charges have been incurred.
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setting emissions standards for each industry, while allowing companies to trade so-called carbon credits, is an approach to enviromental polcay known as
A government regulatory program known as "cap and trade" aims to reduce or "cap" the overall level of certain chemical emissions, particularly green house emissions, that result from industrial activity.
What are green house emissions?Human-related greenhouse gas emissions increase the greenhouse effect and fuel climate change. Coal, oil, and natural gas combustion produce the majority of carbon dioxide. In comparison to pre-industrial levels, human-caused emissions have increased atmospheric carbon dioxide by around 50%. Although the rising emission amounts differed, all greenhouse gases showed a similar trend (GHG). The 2010s had record-high emissions, averaging 56 billion tons annually. The two main sources of emissions are transportation and electricity generation, with coal-fired power plants accounting for 20% of all GHG emissions. Agriculture is the biggest contributor to anthropogenic methane emissions, followed closely by gas venting and fugitive emissions from the fossil fuel industry.
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A firm cannot price discriminate if it
O has perfect information about consumer demand.
O operates in a competitive market.
O faces a downward-sloping demand curve.
O it has declining marginal revenue.
Option B is correct. A firm cannot price discriminate if it operates in a competitive market.
A competitive market will be market where there are an enormous number of purchasers and merchants where no single purchaser or vender can influence the cost of merchandise being sold. A competitive market can in some cases be called wonderful rivalry. In a serious market, nobody rules the market and there isn't a distinction in quality, cost or amount between the contending organizations and what they offer.
One of the main things to comprehend about competitive market sectors is the way that they are hypothetical and not reality. There are markets that have a portion of the prerequisites and qualities of cutthroat market, or wonderful contest, yet nothing really fits them all.
Economic market structures can be gathered into four classifications:
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which of the following are examples of a negative externality? a firm training a worker who may quit for a better job. a person playing loud music late at night in the countryside. a country generating carbon emissions. a commuter choosing to drive into work instead of taking public transport.
Options b) and d) are examples of negative externality.
A negative externality exists when the production or consumption of a product results in a cost to a third party.
Negative externalities typically harm public resources where it is difficult to hold people accountable such as in a case of environmental contamination. Producers or consumers may create a negative externality without worrying about lawsuits or fines.
b) A student playing loud music at night.
When a student plays loud music, it has a negative externality since it disturbs other persons or other students. Loud music prevents people or students from sleeping or studying.
d) A commuter choosing to drive into work instead of taking public transit.
It produces a negative externality because when people drive their own vehicles, it congests the roads and increases pollution.
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1. Which of the following are not included in GDP? a. Transfer payments. b. Imports C. Intermediate goods. d. All of the above are excluded from GDP.
2. GDP is: a. the total value of all consumer expenditures within a given period. b. national income after taxes. c. the total value of all final goods and services plus intermediate goods and services produced domestically within a given period. d. the value of all final goods and services produced domestically within a given period.
3. The construction of a price index is complicated by several factors, including changes in the quality of goods and services over time, the introduction of new products, and the disappearance of old, outmoded products. (1 Point) OT OF 4. Each person in the population can be classified as employed, unemployed, or not in the labor force. (1 Point) OT וד
Payments for transfers are excluded from GDP. GDP is the total dollar worth of all finished products and services produced domestically inside a nation during a specific time period.
Gross domestic product (GDP) measures the market value of all completed goods produced and sold by countries within a specific time period in terms of money. Due to the measurement's complexity and subjectivity, it must be repeatedly adjusted before it can be considered a reliable indicator. While GDP per capita does not account for differences in the cost of living and inflation rates of the various countries, nominal GDP is preferable for comparing national economies on the global market. Therefore, when comparing living standards between nations, employing a base of GDP per capita at purchasing power parity (PPP) may be more useful. It is also possible to quantify the contribution of each industry or sector to the overall GDP.
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Which of the following is the best example of a supply-side market failure?
No one provides street lights in a town because, once the lights are in operation, people don't have to pay to use them.
A firm keeps its production costs down by dumping its waste in the nearby river, adversely affecting water quality for residents in the area.
Government imposes taxes on the production of a socially desirable good.
Street performers don't get full payment for the value of their output because people watch and enjoy the shows without paying the artist.
The statement that is the best example of a supply-side market failure is: B. A firm keeps its production costs down by dumping its waste in the nearby river, adversely affecting water quality for residents in the area.
What is supply-side market failure?Supply-side market failure can be defined as the way in which a seller and buyer does not have equal access to market information.
Market failure can tend to have effect on the market for goods and services based on the fact that it can tend to lead to inefficient distribution of product in the market.
Therefore we can conclude that the correct option is B.
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cost-based pricing and markups with variable costs computer consultants provides computerized inventory consulting. the office and computer expenses are $830,000 annually and are not assigned to specific jobs. the consulting hours available for the year total 18,000, and the average consulting hour has $40 of variable costs. (a) if the company desires a profit of $250,000, what should it charge per hour? round to the nearest cent. $answer (b) what is the markup on variable costs if the desired profit is $322,000? round to the nearest whole percent. answer % (c) if the desired profit is $100,000, what is the markup on variable costs to cover (1) unassigned costs and (2) desired profit? round to the nearest whole percent. markup to cover unassigned costs answer % markup to cover desired profits answer %
Cost-based evaluating is a valuing technique used to decide the selling cost of an item founded on the expense of making that item. To arrive at the selling price, a margin known as a markup percentage is added to the total cost.
What is pricing based on costs?Simply put, cost based pricing is a pricing strategy in which a company increases the price of a product by deducting the cost of manufacturing and production. The strategy frequently involves increasing one unit's production costs by a predetermined percentage.
Cost-plus pricing or cost-based pricing?Surprisingly, cost-based pricing looks like this: adding a standard margin to the cost of a product or service after calculating its cost. If a widget costs $2.50 to make, for instance, a widget with a standard margin of 50% would cost $5.00.
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Which of the following is most typical of a command economy?A) Consumers have choices of many substitutes for any given product.B) Quality of products and services tends to be consistent.C) The prices of goods and services frequently change.D) Many products are usually in short supply.
It is most typical of a command economy for many products to be in short supply.
What distinguishes a command economy from other types?Control by the government is the key component of a command economy. The government establishes economic priorities, regulates production, and sets prices rather than letting market forces determine what gets produced and how much.
What qualifies as a command economy, out of the following?A command economy is one in which all economic decisions are made at the federal level. Land and producing equipment are owned by either the state or a group of people. It is independent from the market economy's supply and demand laws.
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the most common approach to managing labor costs is
A well-trained body of workers enhances productivity and reduces re-work.
Establish a training format for employees that consists of both initial education to ensure they rapidly get up to speed, and ongoing coaching to make certain personnel remain current.
What is a labor price forecasting method?Labor forecasting is the procedure of watching for how many hours a business will want its employees to work in the future. This helps managers find a stability between overstaffing and understaffing their save or restaurant. Doing so is important due to the fact organizations can avoid needless more costs.
What type of manufacturing approach device has the lowest labor costs?Mass production also consequences in decrease charges due to the fact the automated meeting line production system requires fewer workers.
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https://brainly.com/question/24303619#SPJ4Which of the following is a feature of Power Query? Change column headings so the new name appears in the
File list of a PivotTable. O Change the raw data. O Build relationships between tables. O Uses Visual Basic to
create steps for import.
Build relationships between tables is a feature of Power Query ,Change column headings so the new name appears in the File list of a Pivot Table.
Microsoft developed the data extraction, loading, and transformation (ETL) tool Power Query, which is used to retrieve data from sources, process it, and load it into one or more target systems. Power Query is a completely or partially self-service business intelligence tool that comes in a variety of forms under the Microsoft Power Platform. Excel, Power BI, Analysis Services, Dataverse, Power Apps, Azure Data Factory, SSIS, Dynamics 365, and cloud services like Microsoft Dataflows, including Power BI Dataflow used with the online Power BI Service or the somewhat more generic version of Microsoft Dataflow used with Power Automate, are examples of software that contain it.
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