Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.
What is market failure?
When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.
Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.
The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.
As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.
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When division of labor is extensive, a. employees are often highly challenged. b. employees specialize in many tasks. c. jobs tend to be large. d. employees specialize in a single task. e. employees are often inefficient.
When there is an extensive labor division than employees specialize in a single task. Thus the correct option is (D).
What is Division of labor?The concept of the Division of the labor is included in the 14 principles of Henry Fayol which refers to the breakdown of the work of the labor which is to be performed by the specific worker.
The Division of labor leads to the specialization of the specific task. In other words it can be said that the labor or worker becomes the expert in his particular field of job.
Therefore the correct option is (D).
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how did the strategic alliance between hp and dreamworks animation skg affect hp?
The strategic alliance between HP and Dreamworks animation skg affected HP because its enabled the firm to compete head on with Cisco's videoconferencing solution.
What is a strategic alliance?This refers to the agreement between two firms who are pursuing a set of objectives while remaining an independent organizations
Hence, the strategic alliance between the two firms impacted one as its to compete head on with Cisco's videoconferencing solution.
Therefore, the Option B is correct.
Missing options "A. It helped HP pursue a taper integration strategy. B. It enabled HP to compete head on with Cisco's videoconferencing solution. C. It resulted in depreciation of HP's shareholder value. D. It failed because HP lacked the expertise in selecting and integrating technology acquisitions"
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A farmer shows up at a tractor dealership with $150,000 to buy a tractor priced at $148,875. The excess after buying the tractor will be used to pay for license, insurance and maintenance for the first few months. Since he is paying cash for the tractor he is able to negotiate 15% reduction off the sticker price. How much did he pay for the tractor
The amount that the farmer paid for the tractor, which is the net price after discounts, is $126,543.75.
What is the net price?The net price is the difference between the sticker price and the discount of 15% received off the sticker price.
Data and Calculations:Sticker price of tractor = $148,875
Discount reduction 15%
Amount paid = $126,543.75 ($148,875 x 1 - 0/15)
Thus, the farmer paid $126,543.75 for the tractor at the dealership.
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Moringa products corporation had common stock of $820,000 and retained earnings of $1,250,000 on january 1. during the year, $75,000 of common stock was issued. dividends of $48,000 were paid. for the year ended december 31, moringa reported a net income of $287,500. what is the retained earnings balance on december 31
Based on the beginning retained earnings balance and the net income as well as dividends, the retained earnings balance will be $1,585,500.
How much are retained earnings on Dec. 31?This can be found as:
= Beginning retained earnings + Net income + dividends paid
Solving gives:
= 1,250,000 + 287,500 + 48,000
= $1,585,500
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Company A wants to issue 60 bonds. Each bond has a 7% coupon bond with semi-annual payments, a par value of $1000, 30 years to maturity, and a yield to maturity of 6.7%. How much will Company A receive when it sells the bonds
Company A receive when it sells the bonds $62, 314.54
What is yield to maturity?
The annualized return that a bond investor would get from keeping the bond until maturity is referred to as the “yield to maturity” (YTM) of a bond.
Face value $1000, Coupon rate 7%, 30 years to maturity, yield to maturity of 6.7%, frequency 2
Nper = 30×2 = 60 (indicates the remaining maturity period of bonds), Rate = 0.067/2 (indicates semi-annual YTM), PMT = 1000 7%1/2 = 35 (indicates the amount of semi-annual interest payment), FV = 1000 (indicates the face value of bonds), PV = ? (indicates the current price of the bond), Current Price of the Bond = PV(Rate, Nper, PMT, FV) = PV(0.067/2,60,35, 1000) = $1038.58
=$62, 314.54
Hence, $62, 314.54 is the correct answer.
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In july, lane co. Sells merchandise to avery co. On account. In august, avery pays the balance in full. The entry that lane will make to record the receipt of cash will include a credit to the _______ account.
The entry that lane will make to record the receipt of cash will include a credit to the Accounts Receivable account.
What is Accounts Receivable?Accounts Receivable is the amount, which a company will receive from its customers who have purchased its goods & services on credit.
It refers to the money that the customer owe to the company for the goods or services that they have already received but not yet paid for.
For example- Goods purchase on credit by ABC, the amount gets added to the accounts receivable.
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From a macroeconomic perspective, a payment made by a foreign firm to a u. S. Investor looks just like an:
When looking from a macroeconomic view, a payment from a foreign firm to a U.S. investor comes across as a Foreign portfolio investment (FPI).
What is a Foreign portfolio investment?This refers to when a foreign investor buys assets and investments in another country.
When a foreign company makes a payment to a U.S. investor, it is an FPI because money is flowing into the U.S. from another nation.
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Traditional management thinking treated human resource management primarily as a means to support a company's strategy. Traditional management thinking treated human resource management primarily as a means to support a company's strategy. false true
As regards the statement on how traditional management treated human resource management, this statement is FALSE.
How did traditional management treat human resources?Human resources was merely seen as a way to control labor and ensure they did not go out of bounds.
HRM was therefore not seen by traditional managers as a way to support the goals of the company, and its strategies.
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The given statement that says Traditional management thinking treated human resource management primarily as a means to support a company's strategy is true.
Traditional management thinking had a different approach toward human resource management. They considered the human resource of a company as mere factors of production.
As per traditional management thinking, the major focus was on the production and efficiency of the organization rather than the employees' well-being or job satisfaction.
They treated human resource management as a means to support the company's strategy. It was primarily concerned with recruiting and training employees to increase production and efficiency while keeping costs low.
The traditional management model viewed employees as easily replaceable and disposable, with little regard for their unique talents or individual needs.
This was seen as an effective way to run an organization, but over time it became clear that this approach was not sustainable or effective in the long term.
As a result, newer management models have emerged that place greater emphasis on employee engagement, motivation, and empowerment.
Hence, the right answer is true.
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Rachel receives employer-provided health insurance. The employer's cost of the health insurance is $6,000 annually. What is her employer's after-tax cost of providing the health insurance, assuming that the employer's marginal tax rate is 21 percent and the employer is profitable
Based on the cost of Rachel's health insurance to the employer, the employer's after-tax cost is $4,740.
How much is the health insurance after-tax cost?This can be found as:
= Before tax cost of health insurance x (1 - marginal tax rate)
Solving gives:
= 6,000 x (1 - 21%)
= 6,000 x 0.79
= $4,740
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Lorenzo and Lila own all of the Double L Corporation's stock. The stock of this corporation is not sold to the general public. Lorenzo and Lila own a(n)
Owners of the company.
What is a stock of a company?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.What is an owner of a company?A company's "owner" is a person who owns all of the shares. In contrast, a "co-owner" shares ownership of a business with one or more partners. The owner, who is frequently the company's founder, is free to run their business however they like.Therefore, Lorenzo and Lila are owners of the Double L Corporation.
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This year you have decided to focus your efforts on marketing to employer group plans. One employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. What should you do?.
The inference shows that the thing that should be done is to go ahead and call them.
What is an inference?It should be noted that an inference simply means the conclusion that. an be deduced based on the information given.
In this case, since the employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected, it is important to call them.
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Your company is launching several new video game modules, with a separate display ad for each console. Management wants to make sure the ad leading to the most purchases shows more often than the ads not performing as well. To achieve this goal, which type of display creative optimization would you use
Optimize for conversions is a type of display creative optimization.
What is video in-game advertisement?
Whether it's on social media or in video games, video is a crucial format for digital advertising. What users want to experience now is excellent for a dynamic, captivating video.
An object called an ad creative is made up of all the information needed to graphically generate the actual ad. The goal of conversion optimization is to increase the proportion of visitors who take the desired action on a website.
Hence, the significance of the video game is aforementioned.
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Kent bought a $1,000, 20-year U.S. Treasury bond that paid six percent annual yield when he was 22. How much would that bond be worth 20 years later when it matured?
The bond bought by Kent at the age of 22 for $1000 at the rate of six percent will be worth around $3207 at maturity.
What is a bond?A bond is a debt instrument, which is subscribed by an individual at a fixed rate of return, in order to earn a secured rate of return at the time of maturity of such bond.
The formula used to calculate the rate of maturity of bond will be as below,
[tex]\rm Compounded\ Annuity\ = Amount(\dfrac{1}{1+rate})^n\\\\\rm Compounded\ Annuity\ = 1000(\dfrac{1}{1+0.06})^2^0\\\\Compounded\ Annuity= \$3,207.14[/tex]
Hence, the rate of return of the bond on maturity is as calculated above.
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How to advertise a buisiness on Etsy
To advertise a business on Etsy it is necessary to use a strategy aligned with your goals, such as using marketing emails and promoting your store on social media.
What are the advantages of digital marketing?Through advertisements made on the internet, there is greater possibility of reaching and attracting customers in a faster and more dynamic way, through tools that generate value and engagement.
Therefore, to advertise your business on Etsy you need to identify your customer's needs and wants, promoting your product to create value.
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which costs are relevant for equipment replacement decisions?
The costs that are relevant for equipment replacement decisions are:
Unit-level costsBatch-level costsProduct-level costsWhat is Relevant cost?Relevant cost can be defined as those cost that cannot be neglected because they are important during decision making process which is why this cost are known as differential costs.
Cost that are relevant for equipment replacement decisions are:
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Look at this check register. Calculate the current balance.
The Current Balance is $33.18.
What is Debit and Credit?
The term Debit and credit are anonymous to each other. Debit refers to the inflow of the money in the account. Credit refers to the outflow of the money from the account in case of the business transactions.
In the question it is given that the balance is $82.92. Therefore in order to calculate the current balance subtract the debit amount and all the deposits.
The amount was $82.92 on 5/1 after the monthly charge was paid.
The $78.24 phone bill from 5/3 was paid, leaving the following balance:-
Balance = 82.92 - 78.24
= $4.68
The paycheck of $125 was deposited on 5/15, leaving the following balance:-
Balance = 4.68 + 125
= $129.68
$40 was taken out of an ATM on 5/17, leaving the following balance:-
Balance = 129.68 - 40
= $89.68
Tennis lessons were paid for in the amount of $56.50 on 5/20 leaving a balance -:
Current balance = $89.68 - $56.50
= $33.18.
Therefore, the current balance is $33.18.
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Government provisioned goods and services for the poor, such as food or medical services, job training, or subsidized child care, are known as ________.
Government provisioned goods and services for the poor, such as food or medical services, job training, or subsidized child care, are known as Welfare or Consumer Subsidies
What are Welfare ?
Welfare are the subsidies the government pays to the fraction of people who are unemployed, poor, or ill. The payment which is paid by the government for welfare purpose i.e.; for poor people or jobless people.
What is Consumer Subsidies ?Subsidy means government pays part of the cost. Now, consumer subsidies means the government gives the subsidy to the consumer to reduce the price of goods and services .A subsidy is an incentive given by the government to individuals or businesses in the form of cash, grants, or tax breaks that improve the supply of certain goods and services.
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Personal selling is used most commonly in the B2B market as well as in the B2C market for Group of answer choices low-price products. mass-market products. raw materials. personal services. high-end products.
Personal selling is used most commonly in the B2B market as well as in the B2C market for high-end products.
What is personal selling?This is when a person meets with his or her potential buyers physically with a view to sell her products.
One of the benefit of personal selling is that it allows personalized communication between your business and potential customers.
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What feature allows the customer to edit the payment date field when viewing an online invoice?.
In the Online invoice, the edit features allows the customer to edit the payment date field.
What is the edit features?In an Online invoice such as in the CRM, this is a features that ensures that customers can edit their input after initial submission.
Hence, the edit features in online invoice allows the customer to edit the payment date field.
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Physical units accounted for are 155000. Total conversion costs are $413370. There are 3800 units in ending inventory which are 50% complete as to conversion costs. How much is the conversion cost per unit
The conversion cost per unit of the inventory comes out to be $2.63.
What is a conversion cost?
A conversion cost is computed by adding the production overheads to the direct labor in the production process.
Given values:
Physical units: 155,000
Conversion cost: $413,370
Units in ending inventory: 1900 (3,800 X 50%)
Computation of conversion cost per unit:
[tex]\rm\ Conversion \rm\ cost \rm\ per \rm\ unit=\frac{\rm\ Conversion \rm\ cost}{\rm\ Physical \rm\ units + \rm\ Units \rm\ in \rm\ ending \rm\ inventory} \\\rm\ Conversion \rm\ cost \rm\ per \rm\ unit=\frac{\$413,370}{\$155,000 + \$1,900} \\\rm\ Conversion \rm\ cost \rm\ per \rm\ unit=\$2.63[/tex]
Therefore, $2.63 is the conversion cost per unit on the inventory.
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A study by carnegie mellon university showed that drivers talking on cell phones can miss seeing ......% of their driving environment, including pedestrians and green lights (strayer, d. l. 2007). 20 10 50
(Strayer, D. L. 2007), A study by Carnegie Mellon University showed that drivers talking on cell phones can miss seeing 50 % of their driving environment, including pedestrians and green lights.
What are the risks of using cell phones while driving?There are studies, which have found that drivers who use cell phones while driving are more likely to face accidents resulting in injuries and there is a correlation that exists between phone use and accountability for crashes.
Therefore, (Strayer, D. L. 2007), A study by Carnegie Mellon University showed that drivers talking on cell phones can miss seeing 50 % of their driving environment, including pedestrians and green lights.
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Cody is a first-time buyer making an offer on a property that will include the appliances. The seller accepts the offer and includes a document that will protect the owner if the furnace breaks. Which kind of protection did Cody receive
the kind of protection Cody received is a security guard protection
Control over cash disbursents is generally more effective when
The control over cash disbursements is generally more effective when payments are made by check.
What is a cash disbursements?Also known as cash payment, its refers to the outflow of cash paid in exchange for the provision of goods or services
Hence, the control over cash disbursements is generally more effective when payments are made by check.
Therefore, the Option D is correct.
Missing option a) all bills are paid in cash. b) disbursements are made by the accounts payable subsidiary clerk. c) all purchases are made on credit. d) payments are made by check.
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Cinnamon Toast Crunch cereal and Just Right cereal are considered substitute goods. Accordingly, one could predict that, holding all else constant, if the price of Cinnamon Toast Crunch cereal increases, we would see: Select one: a. the demand curve for Just Right cereal shift to the left. b. the demand curve for Just Right cereal shift to the right. c. the demand curve for Cinnamon Toast Crunch cereal shift to the left. d. the demand curve for Cinnamon Toast Crunch cereal shift to the right.
b. the demand curve for Just Right cereal shifts to the right
What causes the demand curve to shift to the right?
When a factor other than price affects demand, the demand curve will shift. It happens when the price doesn't change but the demand for goods and services does.
If the determinant raises demand, the curve moves to the right. This indicates that even while the price remains the same, there is a greater demand for the commodity or service. The incomes of consumers will increase as the economy is flourishing. Despite the fact that prices haven't increased, people will purchase more of everything.
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What economic concept is applied in this statement?
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others.
A.
equilibrium
B.
law of demand
C.
law of supply
D.
negative externality
E.
positive externality
Reset Next
By earning higher levels of education, students learn skills and are more likely to be employed. In their jobs, they use their skills to provide goods and services to others. The economic concept which is applied in this statement is a positive externality.
What are skills?Skills refer a set of qualities or abilities an individual carries in order to complete the task. These skills represent the expertise of any individual in terms of knowledge and talents.
When these skills are learned along with the higher level of education it creates an add-on for the career. These skills include communication skills, problem-solving skills, critical thinking, leadership qualities, and so on.
Therefore, option E positive externality is the correct option for the given statement.
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A company purchased new equipment for $52,000. The company paid cash for the equipment. Other costs associated with the equipment were: transportation costs, $2,600; sales tax paid $2,900; and installation cost, $3,100. The cost recorded for the equipment was:
The cost at which the purchased equipment is being recorded but ignoring the sales tax is equivalent to $57,700.
What is the purchase cost?Purchase cost is the value at which the fixed asset is acquired by the company along with other related expenditures.
The purchase cost of equipment can be determined as follows:
Type of costs Amount
1) Purchase cost $52,000
2) Cost of installation 3,100
3) Cost of transportation 2,600
Total costs $57,700
Therefore, $57,700 is the total cost of the equipment being acquired by a company except for the sales tax amount which is being paid by the sellers.
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what is one advantage of being an entrepreneur
A. more promotions
B. more freedom
C.less risk
D. shorter hours
Answer:
More freedom is the advantage
Answer:
B is the answer because they the complete freedom to do their own thing.
because research is blank______, it is important to figure out beforehand exactly what problem needs to be solved.
Expensive and time consuming, it is important to figure out beforehand exactly what problem needs to be solved.
Research expense must be budgeted before it is incurred so that the cost is available to be borne by the company.
What is research?Research is expense carried by the company to develop a new product if the research meet the criteria it is capitalize as intangible and it will be amortize over its useful life once the development is available for use otherwise it will expense out in profit and loss statement.
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The following table presents information on four different open-end mutual funds. use the information in the table to answer the questions that follow.
fund nav net chg ytd % ret
brrt 38.21 0.37 9.9
glbex p 13.32 0.04 3.4
pwrsl r 19.77 0.14 6.3
gmar 30.81 0.28 8.8
a. the mutual fund (brrt, pwrsl, glbex, or gmar) _______ charges a back-end load fee.
b. true or false: you can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees.
t / f _________
c. suppose brrt has a front-end load fee of 7%. if you purchase 100 shares of this fund at the nav, you will pay a commission of _________. if, in one month, you sell the shares, you (will not or will also) _________ pay a redemption fee at that time.
d. if you are interested only in funds without any fee, you (will need or do not need) ___________ to use additional online resources to find no-load funds, because using on ly the quotations as listed in the table, it is (very easy or impossible) to determine the amount of any front-end load fee that the fund may charge.
Mutual Fund Net Asset Value (NAV) depicts a fund's per share market value. On this basis, the answers are: a. glbex; b. false; c. 7.7%: will not; d. do not need: very easy. Read below about Mutual Fund Net Asset Value.
What is the nature Mutual Fund Net Asset Value?a. the mutual fund (brrt, pwrsl, glbex, or gmar) brrt charges a back-end load fee.
b. true or false: you can generally expect funds that charge back-end load fees to outperform funds that do not charge these fees.
t / f False
c. suppose brrt has a front-end load fee of 7%. if you purchase 100 shares of this fund at the nav, you will pay a commission of 7.7%. if, in one month, you sell the shares, you (will not or will also) will not pay a redemption fee at that time.
d. if you are interested only in funds without any fee, you (will need or do not need) do not need to use additional online resources to find no-load funds, because using on ly the quotations as listed in the table, it is (very easy or impossible) to determine the amount of any front-end load fee that the fund may charge.
Therefore, the correct answers are as given above.
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Abby applies for a federally-related loan to purchase a home. The lender must furnish a copy of the CFPB booklet to Abby no later than the third business day from which date?
The lender must furnish a copy of the CFPB booklet to Abby no later than the third business day from: A. The date Abby receives the good faith estimate
What is CFPB ?CFPB which full meaning is Consumer Financial Protection Bureau is an agency whose roles and responsibility is to protect consumers.
Based on the given scenario the lender have to furnish a copy of the CFPB to the borrower no later than the third business day from the date the borrower receives the good faith estimate.
Therefore the correct option is A.
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The complete question is:
Abby applies for a federally-related loan to purchase a home. The
lender must furnish a copy of the CFPB booklet to Abby no later than the third business day from which date?
The date Abby receives the good faith estimate.
The date escrow is opened.
The date the lender receives her application.
The date Abby makes the request to receive the booklet.
