The amount of loan if the property appraises will be $1250.
What is a loan?The lending of money by one or more people, businesses, or other entities to other people, businesses, or other entities is known as lending in world of finance. The recipient incurs a debt, and in most cases is responsible for both paying interest on that loan until it is paid off as well as the principal amount borrowed. The reallocation of the subject asset(s) for a fixed length of time between the lender and the borrower is a requirement of a loan. Lenders are encouraged to make loans because of the interest they receive. Each of these obligations and limitations is enforced by contract in a legal loan, and the borrower may also be subject to additional limitations known as loan covenants. Although this article focuses on financial loans, in reality, any tangible item might be lent.
Selling value = $73,500
Amount left for him to save to make down payment = $73,500 - $72,250 = $1,250
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each day, a restaurant sends its used linens to a laundry service to be cleaned and pressed. in economic terms, the laundry service would be classified as a(n) service.
Services refer to activities or benefits that one party can offer to another that are intangible and do not result in the ownership of anything.
What is service?Services are not goods, meaning they do not result in the ownership of anything.Services are often provided by businesses and individuals in exchange for money or other forms of compensation.Examples of services include cleaning, consulting, education, healthcare, and transportation.Services are an important part of a market economy and are often provided by service providers.Services can be divided into two broad categories: personal services and business services.Personal services are services that are provided to individuals, such as hair styling, personal training, and tutoring.Business services are services that are provided to businesses, such as accounting, marketing, and legal services.Services can also be classified by their nature: goods-related services, people-related services, and place-related services.The laundry service in this scenario is a business service, it is people-related service as it requires human labor to clean and press the linens, and it can also be considered a place-related service as it takes place in a specific location (the laundry facility).To learn more about services refer:
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in 2012 a taco bell employee in indiana tweeted a photo of himself urinating on a plate of nachos. which counterproductive behavior did he display?
An Indiana Taco Bell worker posted a picture of himself peeing on a platter of nachos in 2012. This kind of behaviour is sabotage, which is Counterproductive behaviour.
Employee conduct that interferes with a company's ability to pursue its legitimate goals is referred to as counterproductive work behaviour (CWB). These actions may be harmful to businesses or the individuals who work there, such as clients, customers, or patients. A person-by-environment interaction, defined as the link between a person's psychological and physical capacities and the demands imposed on those capacities by the person's social and physical surroundings, has been put out as a possible explanation for a number of unproductive behaviours. For instance, a worker who scores highly for trait anger (the propensity to feel angry) is more likely to react negatively with CWB to a stressful event at work (such as being treated harshly by a supervisor).
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--------------------- Correct question format is given below ----------------------
(Que). In 2012 a Taco Bell employee in Indiana tweeted a photo of himself urinating on a plate of nachos. Which counterproductive behaviour did he display?
A) Personal agression
B) Theft
C) Harassment
D) Sabotage
exercise 2-3 a job order cost sheet for ryan company is shown below. job no. 92 direct materials direct labor for 2,000 units manufacturing overhead date beg. bal. jan. 1 6,700 6,000 4,200 8 6,000 12 6,000 4,500 25 2,500 27 4,000 3,000 11,700 15,200 16,000 cost of completed job: direct materials direct labor manufacturing overhead $15,200 16,000 11,700 $42,900 $21.45 total cost unit cost ($42,900 - 2,000) (a) on the basis of the foregoing data, answer the following questions. (1) what was the balance in work in process inventory on january 1 if this was the only unfinished job? (a) on the basis of the foregoing data, answer the following questions. (1) what was the balance in work in process inventory on january 1 if this was the only unfinished job? balance in work in process inventory on january 1 $ (2) if manufacturing overhead is applied on the basis of direct labor cost, what overhead rate was used in each year?
In 2021, the overhead rate was 75% (4200/5600) and in 2022, the overhead rate was 75% (4500/6000).
What is overhead rate?An overhead rate is the percentage of a company's total costs that are attributable to overhead expenses. Overhead expenses are those that do not directly relate to producing a product or service. Examples of overhead expenses include rent, utilities, insurance, taxes, advertising, and administrative costs. A company's overhead rate is calculated by dividing the total overhead expenses by the total costs associated with producing the goods and services. The overhead rate can then be used to determine the cost of goods sold, and to help set prices for goods and services.
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after the collapse of the ussr, why was the transition to a free-market economy difficult for russia?
After the collapse of the USSR, the transition to a free-market economy difficult for Russia due to the Russia reformists had no clear plan, and circumstances.
The free-market according to the economics, is the economic system in which the company is set different prices of the products or services according to their business or manufacturing levels.
The free-market is the good in terms of the vision to choose what to produce or consume.
The reason of the Russian reformists had no clear plan, and circumstances did not give them the luxury of time to put together a reform package. The transition to a free-market economy difficult for Russia.
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part b: effective versus non-effective interview documentation explain the difference between effective and non-effective documentation. provide an example of non-effective documentation. explain what you would do to make the non-effective documentation more effective. describe two of the legal implications involved with documenting the selection process.
When is comes to the notes that an employer takes during an interview, there are two different types; effective and non-effective notes.
Who is an employee versus an employer?An employee is a person or company that is hired by another person or company, often known as the employer, to do work for them. When an employer has the ability to direct the work done, people are considered employees according to the Internal Revenue Service.
Who is the employer—the boss, or the employee?A person who is the employer or boss of a group of employees in a firm has power and control over them. Employees are those that assist their employer in running their business in order to earn money from them. We must first learn how to be an employee before we can be a boss or leader.
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jerry and the team working on the roger tire company marketing research project are developing ways to test their hypothesis that drivers of larger trucks prefer dual belted radial tires. what type of research are they conducting?
Jerry and the team are working on a marketing research study for the Roger Tire Company. Descriptive research is being conducted by Jerry and his team.
What do you mean by marketing?The process of developing, conveying, delivering, and trading services that are valuable to consumers, clients, partnerships, and society at large collectively is known as marketing.
Why is marketing necessary?Many individuals learn about a specific product thanks to marketing. Your sales will rise if consumers are aware about your goods. Many commercial companies find that marketing greatly aids in developing income streams. It occurs when various marketing techniques are used by various company sectors to boost revenue.
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Landlords are required to allow tenants to make modifications to their property in order to accommodate their disability. Who is responsible for paying for these modifications
Landlords are obligated to let renters to make alterations to their home to accommodate a handicap. The cost of these alterations should be borne by the tenant.
A landlord is the owner of a home, apartment, condominium, piece of land, or other real estate that is rented or leased to a tenant, who may be a person or a company (also a lessee or renter). Landlord is the phrase used to describe someone who has this position legally. Lessor and owner are some other words. The female proprietors may be referred to as landladies. In the UK, the management of a pub—who is legally a licensed victualler—is referred to as the landlord or landlady. In terms of political economics, it refers to the exclusive owner of natural resources (for instance, land, not buildings), from which the revenue obtained is known as an economic rent.
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for the excel file closing stock prices, a. apply both column and line sparklines to visualize the trends in the prices for each of the four stocks in the file. b. compute the daily change in the dow jones index and apply a win/loss sparkline to visualize the daily up or down movement in the index.
To apply column and line sparklines to visualize the trends in the prices for each of the four stocks in the file, select the range of data (in this case, cells B2 - B5 and C2 - C5) and click on the "Insert" tab.
What is sparklines?Sparklines are very small, simple charts that are used to represent data. They are typically used to show trends over time, or to compare different data sets. Sparklines are small enough to fit in a sentence, making them useful for quickly conveying a lot of information in a small space.
A. Column sparklines can be used to visualize the trends in the closing stock prices for each of the four stocks in the Excel file. For each stock, the column sparkline will display a column for each day, with the height of the column corresponding to the closing stock price. A line sparkline can also be used to visualize the trends in the closing stock prices for each of the four stocks.
B. To compute the daily change in the Dow Jones Index, the user must subtract the closing index price from the previous day's closing index price. This will give the user the daily change in the index. A win/loss sparkline can then be used to visualize the daily up or down movement in the index.
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dina is broker bill's client.what is the florida authorized brokerage relationship between dina and bill?
A broker agency partnership is defined as just a broker relationship that has been approved by the Florida Real Estate Commission.
The Act makes it clear that there are three possible working arrangements for the relationship between such a licensee as well as agency: transaction broker, single agent, and also no brokerage connection.
A real estate licensee inside this state is allowed to form a brokerage connection with prospective buyers and sellers as either a transaction broker or even a single agent. A licensed real estate agent may well not act as a dual agent, either declared or undisclosed.
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david lives in pennsylvania, which has a state income tax rate of 3.07%. his annual salary is $48,500. how much is withheld annually from david's salary for state income tax?
$1,488.95 is withheld annually from David's salary for state income tax.
What is the income tax explain?
Income taxes levies imposed on individuals (or family units) and corporations. Personal income tax is calculated based on the income received. It is usually classified as a direct tax because the burden is considered to be on the people who pay it.
Who's pay income taxes?
Income tax is a tax on the wages and salaries of natural persons, income from capital investments and other income. Payroll taxes, which fund Social Security, Medicare, and unemployment benefits, are the second largest source of federal revenue, accounting for about one-third of total annual revenue.
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a project to implement new accounting software is underway. you have been working on the project and recently achieved a major milestone. during a recent project status update a stakeholder has mentioned that they felt left out of the decision-making process and that the solution being implemented will not work. in consulting your stakeholder register, you notice the individual has medium interest and low influence on the project. you are concerned that the individual may start to convince other stakeholders that the project is doomed for failure. what should you do?
Update the stakeholder registry to reflect the stakeholders' moderate influence on the project and solicit their comments as needed.
How do you inform stakeholders of the status of the project?It is, however, one of the most tried-and-true techniques for informing stakeholders on a regular basis. The project's overall progress is detailed in a status report. It comprises recently finished significant tasks, forthcoming project milestones, and upcoming activities.
Which of the following is not an important participant in a project that develops an internal service for an organization?Given that they are not actively involved in an internal project, external customers are not in this case considered to be essential stakeholders.
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the following items are not included in dependency total support test except: select one: a. fair rental value b. life insurance premiums c. funeral expenses d. state income tax e. none of these f. all of these
The following items are not included in dependency total support test except Fair rental value.
What is insurance for fair rental value?The fair rental value coverage, also known as fair rental value insurance, is a type of coverage that is included in landlord insurance policies. The protection provided by the fair rental value insurance policy, also known as fair rental value coverage, is essentially intended to help recover lost rent payments.
The monthly rent you might anticipate from tenants is known as fair market rent (FMR), sometimes known as fair market rental value. Rents change in line with market pricing as well as supply and demand, just like real estate values.
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myrtle needs to borrow $200 and is hoping to get a payday loan with an annual percentage rate (apr) of less than 50%. if a company charges her $30 in fees for the loan, what is the minimum loan term needed that would give myrtle her desired apr?
The term of the loan will be 110 days. An APR is a figure that, when presented as a percentage of the principal loan amount, sums up the annual cost of borrowing all in one go.
What is Annual percentage rate?An APR is a figure that, when presented as a percentage of the principal loan amount, sums up the annual cost of borrowing all in one go. The APR on a loan or credit card seeks to provide a thorough picture of how much borrowing money will cost. The formula for calculating APR is APR = ((Interest + Fees / Principal or Loan amount) / N or Number of Days in Loan Term)) x 365 x 100. Is the interest rate and annual percentage rate the same? No, APR is more comprehensive than interest rate.The annual percentage rate (APR) for a credit card is a rate that is applied on a monthly basis. In the event that a credit card's advertised APR is 19%.The formula to calculate the APR of a payday loan is:
APR = (fees ÷ loan amount) × (365 ÷ term of the loan) × 100
We know:
APR = 50%
fees = 30$
loan amount = 200$
term of the loan = x
Substituting the values:
50 = (30 ÷ 200) × (365 ÷ x) × 100
50 = 5475 ÷ x cross multiply
50·x = 5475 divide by 50
(50 ÷ 50)·x = 5475 ÷ 50
x = 109.5
Since we cannot have half of a day, the term of the loan will be 110 days.
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the aim of the study of macroeconomics is to examine the interactions between individual producers and consumers. the behavior of factors affecting the economy. the relationship between supply a
Macroeconomics is the study of the interactions between specific producers and customer . The way those components behave
In whose name is the customer acting?
Consumers are those who use products and services to satisfy their needs. You're going to be acting like a consumer when you eat dinner.
When someone or a group uses something for the very last time, they are considered to be consumers. Think about the following instances: a client of a stylist who has their hair trimmed and styled. a person or creature that purchases a printer for business use. a biological thing that consumes organic compounds or preys on other organisms to obtain complex organic molecules.
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is a delaware corporation permitted to offer an investment opportunity to a select group of existing stockholders without offering such investment opportunity to the remainder of stockholders?
Every corporation must have at least one class of common stock to show ownership under Delaware law since every corporation, unless stated to be a non-stock corporation, is a for-profit general corporation.
What information is available to Delaware shareholders?As a Delaware corporation, the company's stockholders, including minority stockholders, have the right to request a written inspection of and copy of its books and records, as well as its stock ledger. The company's subsidiaries are similarly subject to the stockholders' inspection rights.
Make the Certificate of Amendment and deliver it to the Delaware Secretary of State. Include the information in this Certificate, such as the revised authorized share count, par value, and/or stock class designations. Get the company's authorized official to sign the paperwork, then submit the certificate to the state.
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Northwood company manufactures basketballs. The company has a ball that sells for $25. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $15. 00 per ball, of which 60% is direct labor cost.
Northwood Company manufactures basketballs that sell for $25. The company is currently using a small plant that relies heavily on direct labor workers, which results in high variable expenses.
1 A. CM ratio = 2.5
break even point = 21,000 balls
B. The degree of operating leverage at last year.
31.82%
2. CM ratio = 3.57
break even point = 30,000 balls
3. 42,858 balls
new price of $28 per ball
4. CM = 1.32
26,250 balls
5. A. 31,875 balls
B. Degree of operating leverage = 60.87%
The variable expenses are reported to be $15 per ball, with 60% of that cost being attributed to direct labor.
It's worth noting that all three sources mention the same information about Northwood Company's manufacturing process, selling price and cost of production.
It's also worth mentioning that direct labor cost is just one component of variable expenses, other variable expenses such as material, energy and other supplies are also included in the total variable cost, and the company might be looking for ways to lower these costs to increase the profit margin.
Complete Question:-
Northwood Company manufactures basketballs. The company has a standard ball that sells for $25. At present, the standard ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable costs are high, totaling $15 per ball.
Last year, the company sold 30,000 standard balls, with the following results:
Sales (30,000 standard balls) $750,000
Less variable expenses 450,000
Contribution margin 300,000
Less fixed expenses 210,000
Net income $ 90,000
Required:
1. Compute;
(a) the CM ratio and the break-even point in balls,
(b) the degree of operating leverage at last year?s level of sales
. 2. Due to an increase in labor rates, the company estimates that variable costs will increase by $3 per ball next year. If this change takes place and the selling price per ball remains constant at $25, what will be the new CM ratio and the break-even point in balls?
3. Refer to the data in (2) above. If the expected change in variable costs takes place, how many balls will have to be sold next year to earn the same net income ($90,000) as last year?
4. Refer to the original data. The company is discussing the construction of a new, automated plant to manufacture the standard balls. The new plant would slash variable costs per ball by 40%, but it would cause fixed costs to double in amount per year. If the new plant is built, what would be the company?s new CM ratio and the new break-even point in balls?
5. Refer to the data in (4) above;
a. If the new plant is built, how many balls will have to be sold next year to earn the same net income ($90,000) as last year?
b. Assume the new plant is built and that next year the company manufactures and sells 30,000 balls (the same number as sold last year). Prepare a contribution income statement and compute the degree of operating leverage.
c. If you were a member of top management, would you have voted in favor of constructing the new plant? Explain. You MUST show work for credit
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the united nations operates with voluntary agreements among members based on their shared norms, which makes it an informal
The United Nations operates with voluntary agreements amongst individuals based on their shared norms, which makes it an informal normative institution.
What are the normative personality of social institutions?The normative persona of social establishments is outlined in ordinary terms. This normativity is multi-faceted. For example, it consists of the human items realised by using institutions as properly as the rights and duties that connect to institutional roles.
Whereas the emphasis in case of normative pressures is on the energy of roles – normative expectations guiding behavior – the cognitive framework stresses the import- ance of social identities: our idea of who we are and what approaches of motion make sense for us in a given situation.
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https://brainly.com/question/30323279#SPJ1jo works for a company that supplies small businesses with many different products and is in charge of making sure that those small businesses pay for their supplies. what term best describes the type of documents that jo sends to the businesses to make sure they pay for their products?
An invoice is the term that best describes the type of document that Jo sends to the small businesses to ensure that they pay for the product.
What is an invoice?An invoice is a time-stamped commercial document that details a transaction between a buyer and a seller. If goods or services were purchased on credit, the invoice will typically include terms and conditions and available payment methods.
Invoices are typically sent to customers after a sale, requesting payment for the goods or services provided. This includes details such as products or services purchased, quantity, unit price, total amount paid, as well as payment terms and supplier contact information.
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john is moving into a privately owned apartment complex and asks the landlord to accommodate his wheelchair. john says he needs concrete ramps to be installed around the property. the landlord says he can't afford to install ramps, but is worried that he is discriminating. what is true?
Due to their high cost, the landlord is not legally required to erect the ramps; nonetheless, John is free to do so.
Who is Landlord?A tenant is a person or organization who rents or leases a home, an apartment, a condo, a piece of land, or other real estate from a landlord. Landlord is the phrase used to describe someone who has this position legally. Lessor and owner are some other terms.
Anyone who rents out a home they own on a lease or license that is less than seven years is considered a landlord. The obligations of landlords extend to a variety of residences that are leased or licensed, including but not limited to: Residential properties offered for rent by municipal governments.
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order the correct steps of the demming cycle: select one: a. plan, do, check, act b. plan, act, do, check c. act, do, check, plan d. plan, check, do, act
For continuous improvement, Edwards Deming employed a four step procedure that is more like a cycle: PLAN, DO, CHECK, ACT.
The Deming Cycle is well-known for what?The approach was popularized in the 1950s by Dr. W. Edwards Deming a renowned quality-control expert and writer in Deming's 14 Points, who took Shewhart's linear, 3 process and modified it into the iterative, multiple circle and cycle we are all well-known today. The Deming Cycle was then named after this.
Why is the Deming Cycle pivotal?The Pdca Cycle is a basic yet effective method for resolving ongoing and new issues in any industry or system. Its iterative methodology allows the project leader and his team to try solutions and assess outcomes in a cycle of continuous improvement of quality.
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sales between pare and shel use the same terms as third-party sales. the amount of unrealized intercompany profit in year 4 is closest to
The amount of unrealized intercompany profit in the 4th year would be closest to $6000.
Since the profit of the company comes from third party sales, some amount of the profit would be eliminated. Third-party sales are those made by someone other than the producer. Even when four or five parties are involved, we refer to them all as third parties. Marketers frequently struggle with third-party sales. When a firm employs a direct sales strategy, the marketer may build a sales compensation system that provides the correct incentives for the sales force to offer the right items to the right clients at the right price. Understanding and influencing the sales process is substantially more challenging in a third-party sales environment. To understand the distinctions, consider a direct sales situation and a third-party sales situation. It would typically involve a buyer, a seller, and another party—the third party.
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which addendum allows a seller to simultaneously negotiate with a second buyer in case the first buyer falls through?
Addendum for backup contract allows a seller to simultaneously negotiate with a second buyer in case the first one falls through.
What exactly is a back-up agreement?In the process of purchasing a house, a backup offer is made in response to an existing offer to guarantee a contract with the seller in the event that the initial offer is rejected. If the seller accepts it, it becomes a legally binding contract that places you in line to purchase the house if the first buyer withdraws.
What is a contract addendum?An addendum to a contract is a post-contract attachment that changes some of the terms of a contract, either slightly or completely. Usually, this adds something new to a document that already exists. An addendum becomes a part of the new contract once all parties named in it agree to it.
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6. which of the following derivatives provide payoffs that are non-linearly related to the payoffs of the underlying? a. options b. forwards c. interest rate swaps
Answer:
C is your answer
Explanation:
which of the following factors provided economic justification for u.s. expansion in the second part of the 19th century? a increased production led to the need for new markets abroad. b the u.s. domestic markets were flooded with less expensive imports. c failures of western farms caused food shortages within the united states. d u.s. industry was suffering from a severe shortage of labor. e the united states would be considered an industrial power only if it had colonies.
The increased production led to need for the new markets abroad is the factor that provided economic justification for the U.S. expansion in second part of 19th century.
What is production?A production process is a means to make use of economic resources, such labor, pricy machinery, or land, to produce goods and services for clients. In the manufacturing process, it is usually discussed how to efficiently and productively make things for sale so that customers can receive them quickly without sacrificing the quality of the product. Organizations can employ a variety of production techniques based on their manufacturing goals, production numbers, and technological resources or software systems. When making things to sell to clients, a firm typically adheres to a strict production procedure. In order to achieve this, a number of stages must be completed, beginning with the input stage of product creation and concluding with the output stage of consumer sales.
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If nominal GDP is $9,600 billion and the GDP deflator is 118.5 real GDP is ____
A. $6, 586.7 billion. B. $10, 852.7 billion. C. $3, 657.0 billion D. $8, 101.3 billion
Correct answer is $8, 101.3.
To calculate the GDP deflator, the method is Nominal/Real x one hundred In the example above the GDP Deflator for 1980 is 100 ($500/$500 x 100 = 100). The GDP deflator for the base 12 months is continually one hundred The GDP deflator for 2017 is 342.86 ($3000/$875 x one hundred = 342.86).
What is supposed by means of GDP deflator?By Simone Schotte, reviewed with the aid of Tom McKenzie. 09 March 2022. The gross domestic product rate deflator, or GDP deflator, is a fee index that indicates how, on average, costs for all items and services produced in an economy exchange over time.
What is GDP deflator in India?GDP Deflator, on the different hand, is a complete measure of inflation, implicitly derived from country wide debts records as a ratio of GDP at contemporary expenditures to constant prices.
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https://brainly.com/question/30124577#SPJ4suppose that there are two goods, x and y, that are competing for dominance in a market with network externalities. furthermore, suppose that the market has chosen good x even though it is inferior to good y and that the net benefits of switching from x to y are $20 while the costs of switching are $30. if the market stays with good x, then has occurred. if the costs of switching were to fall to $15 and the market still stays with good x then . group of answer choices no market failure; there will still be no market failure. market failure; no market failure has occurred. market failure; there will still be market failure. no market failure; market failure has occurred.
When two markets offer identical goods at the same price, but when the... Assume that each of good X and good Y is only purchased once by each customer. The items.
Give an illustration of what a good is.
Services are tasks carried out for the benefit of the recipients, whereas goods are physical commodities offered to clients. Products include, among others, clothing, automobiles, and appliances.
The term "goods" refers to any items, parts, and consumables that are sold to consumers, companies, or governmental bodies.
personal property and possessions. economic items that are physical, portable, and often not consumed simultaneously with manufacturing and might be solitary or multiple in nature. Compare products, services, and other commercial goods and services.
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a state university develops a budget that shows its projected income from sources that include government funding, tuition fees, alumni contributions, and research grants. this is an example of a(n) budget. a. output b. operations c. revenue d. capital expenditures e. nonmonetary
(c.) revenue, A state university creates a budget that outlines its anticipated revenue from sources such government financing, student fees, and research grants. As an illustration of income, consider this.
Revenue, which is determined by multiplying the average sales price by the quantity of units sold, is the money made through regular business activities. The top line (or gross income) figure is what is used to calculate net income by deducting costs. Sales are another name for revenue in the income statement. Revenue is the cash that a firm generates via its operations. Depending on the accounting technique used, there are several ways to compute revenue. Sales made on credit will be included as revenue for products or services provided to the client under accrual accounting. Revenue may be recognised in accordance with certain standards even though payment has not yet been made.
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a company with few managerial levels and a short chain of command usually has a wide span of control. this is called a organizational structure.
A company with few managerial levels and a short chain of command usually has a wide span of control. This is called a flat organizational structure.
The process of breaking down an organisation into various functional divisions is known as an organisational structure. Basically, there are three (3) basic dimensions to an organisational structure:
I. The vertical dimension, which is where decision-making duties are often located (decentralization and centralization).
II. The horizontal dimension, which creates subunits within the organisation
III. Integrating Mechanisms: These are usually based on the strategic mechanisms that regulate the various organisational subunits.
The number of people (employees or workers), functions, and activities that a manager directly controls effectively and efficiently inside an organisation is known as a span of control.
A corporation has few managerial layers in this circumstance. Additionally, every short chain of command typically has a broad range of control. A flat organisational structure is what this is. An organisational structure that has few or no levels of middle management in between the workforce and the executive might be referred to as flat. As a result, it's an organisational structure that puts the chief executive in close proximity to workers like salespeople, customer service representatives, cashiers, etc.
A company with few managerial levels and a short chain of command usually has a wide span of control. This is called a _____ organizational structure.
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in a market economy, prices help determine the distribution of goods and services but not the allocation of resources. true false
In a command economy, prices help determine the distribution of goods and services but not the allocation of resources. It is not a market economy, and thus the statement is false.
What is a market economy?A market economy is an economic system in which the interactions of a country's individual citizens and businesses guide economic decisions and the pricing of goods and services.
A market economy allows entrepreneurs to pursue profit by producing outputs that are more valuable than the inputs they consume, as well as the freedom to fail and go out of business if they do not. There may be some government intervention or central planning, but this term usually refers to a more market-oriented economy in general.
Therefore, in a market economy entrepreneurs determine the distribution of goods and services.
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how did industrialism change society? why were the years covered in this chapter so difficult for artisans? how was the european labor force transformed into a wage labor workforce?
Industrialism developed significantly as a result of the textile revolution, power looms, printing innovations, and other advancements.
What is the definition of industrialism?The textile revolution, power looms, printing techniques, and other inventions played a significant role in the development of industrialism. Due to the transition of industry to mechanical methods, industrialism altered society.
Additionally, the way of life altered, resulting in the emergence of a middle class between the wealthy and the destitute. Because they were more expensive and produced less than machines, artisans were driven to work in factories.
The term "proletarianization" refers to how the labour force in Europe changed from being unskilled to being paid. Trade and manufacture came under the hands of artisans'. In comparison to textile workers, factory workers were superior.
The complete question is:
What inventions were particularly important in the development of industrialism? How did industrialism change society? Why were the years covered in this chapter so difficult for artisans? How was the European labor force transformed into a wage labor workforce?
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