Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.
As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.
Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.
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a commuter railway has 800 passengers per day and charges each one two dollars per day. for each 1 cents that the fare is increased, 5 fewer people will go by train. what is the greatest profit that can be earned?
The biggest profit that can be made is $ 4,050 with 450 passengers.
To know how many passengers the train needs to obtain the greatest profit, it is necessary to carry out the following operation.
Subtract 5 passengers from the total passengers, and then multiply the result by $ 2.1 as shown below:800 - 5 = 495795 x $ 2.1 = $ 1,680This operation must be carried out repeatedly, decreasing by 5 passengers and increasing the value of the railway ticket by $ 0.1.
The highest value of gain that can be found with this procedure is as follows:
800 - 350 = 450450 x $ 9.0 = $ 4,050.Learn more in: https://brainly.com/question/14918190
Teller's checks and personal checks are classified as
O A. drafts
O B. obligors
C. notes
D. certificates
Answer: they are classified as D) certificates
Explanation:
when a bank says their savings account earns 1% APY interest, that typically means you will earn 1% interest over what period of time
A. monthly
B.Daily
C. Annually
D. Quarterly
Answer:
A.number monthly. i think
Heidi, the found of Camp Bow Wow, started a franchise instead of only having one location in part because: _____________
a. It allowed her to work at realizing her vision and building the brand rather than the day-to-day operations of the business.
b. She had experience in founding other franchises, but her real dream was to build a business around animals.
c. She had her fill of corporate life and wanted to try building her own company.
d. She needed to recover the money she had wasted from the settlement in her late husband's plane crash lawsuit.
With the franchise of her Camp Bow Wow, a. It allowed her to work at realizing her vision and building the brand rather than the day-to-day operations of the business.
Heidi did not choose the franchise option because she had experience in founding other franchises, had her fill with corporate life, or needed to recover money wasted on the settlement of her late husband's plane crash lawsuit.
Thus, with her passion for the dog daycare business, she used the franchise option to duplicate and replicate the original business concept., thereby realizing her vision and building the Camp Bow Wow brand.
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When current output is less than potential output, which of the given monetary policies is the federal reserve (the fed) likely to enact?.
The federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in the case when current output is less than potential output.
The Federal reserve does enhance the economy by reducing the interest rate that banks pay each other for overnight loans.
However, if the current output is greater than potential output, then, the FED would try to reduce current output by increasing the interest rate.In conclusion, the federal reserve is likely to enact that reserve requirement should be lower so that there will be a decrease the interest rate in this case when the current output is less than potential output.
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Differentiate between equity financing and debt financing?
Answer:
When a business wants to obtain cash, it has two options for financing: equity financing and debt financing. Equity financing is the most common kind of financing accessible to companies. Debt financing refers to the borrowing of money, while equity financing refers to the sale of a piece of the company's stock.
Explanation:
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the most common definition that monetary policymakers use for price stability is
Answer:
A central feature of monetary policy strategies in all countries is the use of a nominal variable that monetary policymakers use as an intermediate target to achieve an ultimate goal such as price stability. Such a variable is called a nominal
Explanation:
PA BRAINLIEST
If the MPC is 0.8 and government transfers to households decrease by $50 million, then equilibrium GDP will decrease by:
The equilibrium GDP will decrease by $200 million if the government transfers to households decrease by $50 million.
Transfer payment multiplier = MPC / (1 - MPC)
Transfer payment multiplier = 0.8 / (1 - 0.8)
Transfer payment multiplier = 0.8 / 0.2
Transfer payment multiplier = 4
If the government transfers decrease by $50 million.
Equilibrium GDP will decrease by:
= $50 million * 4
= $200 million.
Therefore, the equilibrium GDP will decrease by $200 million if the government transfers to households decrease by $50 million.
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If you get an email from your bank on its official stationery that asks for your account number, what should you do
When an email is received in one's bank name and asks for account number, it is more likely a fraud and should be reported immediately.
It is very uncommon and rare for bank to contact an account-owner and when they does, it is usually for complicated situations, complimentary messages, product offers etc
This type of message received (in question) are usually from a malicious party disguising as you bank and it is referred to as email phishing.
In conclusion, when an email is received in one's bank name and asks for account number, the intent is more likely a fraud and should be reported immediately to necessary department.
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The _____ established a minimum wage and overtime pay for employees working more than 40 hours a week.
According to the historical and information record, the Fair Labor Standards Act of 1938 established a minimum wage and overtime pay for employees working more than 40 hours a week.
Fair Labor Standards Act of 1938 was made to improve the working conditions of employees and also protect their rights against exploring employers.
The Fair Labor Standards Act of 1938 established standards on minimum wage, working hours, and oppressive child labor.
Hence, in this case, it is concluded that the correct answer is the "Fair Labor Standards Act of 1938."
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If an economic crisis were to occur that caused a significant decline in the projected tax revenue for the biennium, the state legislature would likely deal with the shortfall by taking which steps
If a country is going through financial difficulty, there are several steps they can take including:
Reducing spending Delaying interest payments Using cash reservesIf a country sees that its taxes will not be enough to cover its obligations, it can reduce the amount it spends on goods and services so as to reduce its obligations.
Country can also increase the time taken to pay off debts so that they can divert cash to needed areas whilst waiting for things to be better.
Country can use cash reserves that it accumulated in one form or the other to weather the storm of reduced taxes.
In conclusion, the government can deal with tax shortage in several ways.
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When the Fed buys federal government securities on the open market from commercial banks, then, over time, the:
Increases the reserves of commercial banks.
Open market is one of the monetary policies of the federal government to regulate the supply of money in an economy.
When the Fed buys federal government securities on the open market from commercial banks, the reserves of commercial banks increases thereby enabling banks to have more funds to grant loans and investments.
Fed buying federal government securities such as government bond, adds money to the system, making loans easier to obtain and interest rates decline.
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A method used for establishing a logical framework for identifying the required activities for the project is called
I think it's
Work breakdown structure.
The _____ is a firm that originates an idea for a business and develops operational methods to run the business.
Answer:
Franchisor
Explanation:
The franchisor is a firm that originates an idea for a business and develops operational methods to run the business.
A sum of $6,500 deposited in an account grows to $8,000 in 9 years. Assuming annual compounding, what interest rate is being paid
Answer:
The interest rate would be 2.33%, bringing the total after 9 years to $8,000.06
Explanation:
The final balance would be $8,000.06 and a total compound interest of $1,500.06
Dillards buys finished products and sells them for a profit to its customers. Dillards is a part of which type of market
The market consisting of wholesalers and retailers who buy products for resale purposes.
Dillards is a part the Reseller market.
What type of business is a reseller?A reseller business allows you to resell products bought from manufacturers to customers. The reseller dropship business model is affordable, making it a great option for new entrepreneurs. As a reseller, you're essentially the middleman between the manufacturer and customers.
What are resellers examples?Most resellers are retail organizations. These include grocery stores, department stores and specialty stores, such as home improvement or pet supply stores. There are many different types of retailers, from Wal-Mart to Macy's to the boutique on Main Street.
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Do you think the united states should adopt information-control regulations similar to britain's official secrets act? explain why or why not.
Answer:
no they should ent
Need help ASAP, I’m going somewhere!
Reuben Garza just graduated from high school and had begun a five year apprenticeship as a machinist. His starting wage ... https://brainly.com/question/25586250
Answer:
https://brainly.co a separate Word or PowerPoint document containing the time line. If your tim
Explanation:
and had begun a five year apprenticeship as a machinist. His starting wage ... https://brainly.com/question/25586250
Chapter 9 Pricing, Costing, and Growth.
It’s 10 questions - multiple choice and thank you !
I will give you brainliest if you answer all 10 (:
Answer:
b, b, c, a, d, c, b, d, a, c,
Explanation:
As a project lead, your team is on its way to finishing work on the project, while you have the impression that a staff member is already negotiating the next assignment in another project. You are afraid that the person may come under pressure to start working on the other job before she has finished her work for your project. Her task is very complex, and it would be hard for someone else to take up the partial results and finish them. What action is most likely to resolve the situation
The action most likely to resolve the situation is to use your network of project managers to find another role for the person that allows for a smooth transition and doesn't conflict with your needs.
This is the best course of action because a smooth transition between projects allows for greater motivation in the current project, according to the PMBOK.
Therefore, using your network of project managers to find another assignment and allow for a smoother transition that doesn't conflict with your needs is the most suitable option.
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Custom Quilters makes decorative comforters, quilted garments, and other products in a small sewing factory. The company expects to make 2,000 comforters during the current year. With respect to the comforters, how would the hourly wages of sewing machine operators be classified
Based on the comforters, the hourly wages of sewing machine operators would be classified as:
Direct and VariableAccording to the given question, we are asked to classify the hourly wages of sewing machine operators based on the decorative comforters.
As a result of this, we can see that because the company has a fixed number of comforters it wants to produce during the current year, then the hourly wages of the operators of the sewing machine can be classified as direct and variable.
Therefore, the correct answer is Direct and Variable
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What consumer protection agency is known by the acronym SEC? a. Safe Expansion Commission b. Society of Economical Consumers c. Stock Exchange Control d. Securities and Exchange Commission.
d. Securities and Exchange Commission.
The Securities and Exchange Commission (SEC) is a U.S. government agency that is responsible for the regulation of securities market whilst also protecting investing public.
The commission enforces federal laws to protect American public who are into securities market.
Other duties of the commission includes issuance of securities of public companies, provides data, regulates the market and facilitate capital formation, as well as merger and acquisition activities.
Thus, Securities and Exchange Commission is the consumer protection agency known by the acronym SEC
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if marginal cost exceeds marginal revenue, a profit-maximizing monopolist will
Answer:
Reduce marginal costs so that they equal marginal revenue.
Explanation:
Regardless of whether the producer is a monopolist, oligopolist, or in perfect competition, the profit-maximizing quantity is where marginal revenue equals marginal costs, or in other words the cost of producing the next unit of output is equal to the revenue earned by the next unit of sales. Any output before this holds an opportunity cost, and any output after this intersection is losing money.
Preferred stock generally (has/does not have) ______ voting rights and (has/does not have) ______ preference as to dividends.
According to share and stocks management, the preferred stock generally does not have voting rights and has a preference as to dividends.
This is because Preferred stock is a type of stock that is first paid to the stockholders before the common share or stockholders are paid.
However, unlike the common stockholders that have voting rights in a firm, the preferred stockholders do not have voting rights.
Hence, in this case, it is concluded that Preferred stock has its advantages and disadvantages.
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The process of measuring marketing results and adjusting the marketing plan as needed is called marketing ________.
Answer:
a new Long income in market to get a new meal
the vice president of finance at adventure park, an amusement park, disseminated a new five-year strategic plan to the merchandise, attractions, and operations directors. this is an example of ________ communication.
When the vice president disseminated the 5 year strategic plan to the directors. it is definitely an example of downward communication.
A downward communication refers to the flow of communication or information from top hierarchies to the lower ranks.
When a CEO pass an important message through mail to all lower hierarchies of his organization, this type of communication flow is known as downward communication.
In this question, the vice president is disseminating information to different directors below him, so, it is an example of downward communication because the information flows from high to low hierarchy.
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Josue is determined to play the saxophone in the school band. How could joining the band benefīt his college or career
O It demonstrates his passion for helping others.
O It gives him military experience
O It provides extra spending money.
O It shows that he is creative.
Answer:
I personally would say D: It shows that he is creative.
Explanation:
Mostly because it makes sense, playing a saxophone wouldnt show his passion for helping others, nor give them military experience. Note it also says that how it benefits of his collage or career, so why would he spend money on anything? Most obvious answer would be D.
Sorry if I'm wrong but its a shot in the dark that I'm willing to make, it just looks and sounds right.
the free market idea is generally associated with which economic system?
Answer:
The term “free market” is sometimes used as a synonym for laissez-faire capitalism. When most people discuss the “free market,” they mean an economy with unobstructed competition and only private transactions between buyers and sellers.
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________ measures how optimistic or pessimistic people are about the future health of the economy and how they will fair in the future.
The measure of the faith in which the populees habour over the perceived future of the economic condition of a region is described as consumer confidence.
Consumer confidence is an important factor which often measures if consumers or organizations would go into a long term businesses. This is usually influenced by the economic principles, experience and record of an organization.Hence, a company or organization which has low consumer confidence would fInd it difficult to keep consumers to long term beisiness conditions.
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48. Although SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded
SellSmart would be classified as an agent or broker.
True or False
Since SellSmart brings together buyers and sellers and helps negotiate exchanges, it does not actually take title to any of the goods being traded, it's an agent or broker. Therefore, it's true.
It should be noted that an agent is an individual that's licensed to sell property while a broker is an individual that's licensed to own their own real estate firm.
An agent or broker brings the buyer and the seller together and helps in negotiating a sale but doesn't take title to goods. Since SellSmart performs this function, it's an agent or broker.
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