The deadweight loss it would create is $10,000,000.
What is deadweight loss?The production and consumption of any given good or service, including taxes, must match in order to avoid deadweight loss in economics. Deadweight loss is most frequently detected when the quantity generated compared to the quantity consumed deviates from the optimal concentration of surplus. This discrepancy in the amounts represents the amount that is not being used or eaten, causing a loss. Since neither the producers nor the consumers benefit from the excess of the total production, this "deadweight loss" is therefore attributed to both groups. When the socially ideal quantity of a good or service is not produced, deadweight loss can also be used as a measure of lost economic efficiency.
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angela bought a life insurance policy from matt, a life insurance salesperson. if angela dies, the death benefit will be paid to her husband, daniel. if angela and daniel die together, or if daniel dies before angela, then the death benefit will be paid to their daughter, marie. who is the primary beneficiary of the life insurance policy?
The life insurance policy's main beneficiary is Daniel.
Because he will be the first to receive the life insurance coverage. The person who is first in line to receive the death benefit from your life insurance policy is known as a primary beneficiary, and they are often your spouse, children, or other family members.
The principal beneficiary of an IRA may be the spouse, whereas the primary beneficiaries of the same person's will may be the children. The IRA's proceeds will go to the spouse, and the children will get the assets for which they are the will's primary beneficiaries, but not the IRA.
The person or entity with the initial claim to your assets following your passing is known as the primary beneficiary.
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which of the following is the primary difference between the underlying assumptions of technical analysis and those of fundamental analysis? a) technical analysts believe the trend in security prices is determined solely by the interaction of economic supply and demand. b) technical analysts maintain that stock prices adjust quickly to the dissemination of public information. c) technical analysts argue that the market only weighs irrational factors, and therefore, the psychology of investors will produce a herd effect. d) technical analysts hold that the price of a security is established by the expected investor return and a combination of risk factors.
Technical analysts maintain that stock prices adjust quickly to the dissemination of public information.
An industry analyst performs number one and secondary marketplace studies within an industry consisting of facts generation, consulting or coverage. Analysts investigate zone developments, create segment taxonomies, size markets, put together forecasts, and expand enterprise models. Industry analysts generally paintings for studies and advisory offerings companies, and some analysts additionally perform advisory (consulting) services. Normally, analysts concentrate on a single phase or sub-phase, researching the large improvement of the marketplace rather than specializing in precise publicly traded groups, equities, investments, or related monetary possibilities as a monetary analyst would possibly.
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how did president trump react to the two multilateral trade agreements, the trans pacific partnership and the transatlantic
President Trump pulled the United States out of these negotiations of two multilateral trade agreements, the trans pacific partnership and the transatlantic.
Trade involves the transfer of products and services from one person or entity to another, usually in exchange for money. Economists talk over a system or network that permits trade as a market.
An early type of trade, barter, saw the direct exchange of goods and services for different goods and services, i.e. commercialism things while not the utilization of money. Modern traders usually discuss through a medium of exchange, akin to money. As a result, buying can be separated from selling, or earning. The invention of money (and letter of credit, paper money, and non-physical money) greatly simplified and promoted trade. Trade between 2 traders is called bilateral trade, whereas trade involving quite two traders is called multilateral trade.
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select the person whose outlook reflects a public speaking myth that will hinder their productivity. a.) barbara doesn't hold herself to a standard of perfection when it comes to speaking in front of a large audience. b.) peter believes that some people are born naturally gifted public speakers, while others are not. c.) vijay believes he's a better public speaker when he spends time thinking about how his audience might respond to him. d.) melody conceptualizes public speaking as a conversation with friends, even though the circle of friends can be quite large. submit my answer
Option B. The myth about public speaking that is reflected here is that Peter believes that some people are born naturally gifted public speakers, while others are not.
What is public speaking?The act of speaking directly to a live audience has historically been referred to as public speaking, also known as oratory or oration. Today, it refers to all forms of public speaking, including pre-recorded speeches transmitted over long distances via technology. long distances via technology.
In essence, it's a presentation made in front of a live audience. Public speeches may touch on a wide range of subjects.
When you stand in front of an audience and give a speech on a subject, it is public speaking. This may occur at a formal or casual gathering. It is natural to feel quite anxious while speaking in front of a large audience because for many people, doing so is a difficult endeavor (with effective training this fear
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how does the income statement prepared for a company that sells goods (merchandiser) differ from that prepared for a service business?
The existence of inventory distinguishes a merchandising firm from a service-based one as their main distinction. Unlike service-based firms, which do not sell things to customers, retail enterprises do. This distinction must be reflected in the financial statements of the companies, including the income statements.
A company that buys products and then exchanges them, typically at a higher cost than they were bought, is known as a merchant.
A service enterprise is an organization that uses volunteers and their skills to further its social mission in a broad sense. It doesn't just recruit volunteers; it works with a volunteerism culture.
A company that buys products and then exchanges them, typically at a higher cost than they were bought, is known as a merchant.
A service enterprise is an organization that uses volunteers and their skills to further its social mission in a broad sense. It doesn't just recruit volunteers; it works with a volunteerism culture.
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Which element of the promotional mix is characterized by a customized interaction that is extremely expensive but very persuasive and likely to yield immediate feedback?.
Direct marketing is characterized by a customized interaction that is extremely expensive but very persuasive and likely to yield immediate feedback.
What is direct marketing example?Any form of marketing that communicates or distributes with consumers directly, as opposed to indirectly through a third party like the media, is considered direct marketing.Campaigns can be sent using mail, email, social media, and texting, among other distribution methods. To accomplish a certain marketing objective, a promotional mix combines marketing strategies such as direct marketing, sales, public relations, and advertising.Usually, the promotional mix is just a small component of the overall marketing mix. A promotional mix is an allocation of resources among five primary elements: Advertising , Public relations or publicity. Sales promotion. Direct marketing. Personal selling.The different methods of direct marketing include direct mailing, telemarketing, and email marketing. It is also important for companies to adequately segment their target markets in order to be the most successful. Direct marketing can be a great way for a company to market their products and services.To learn more about direct marketing refer
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when used by members throughout an organization, a(n) can offer an ethnographer a starting place for accessing the shared meaning of a corporate culture.
when used by members throughout an organization, A Metophor can offer an ethnographer a starting place for accessing the shared meaning of a corporate culture.
Moreover, A metaphor is a figure of speech that describes an object or action in a way that is not literally true but helps explain an idea or make a comparison. Here are the basics: A metaphor says that one thing is another.
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Consumer programs perform which two of the following functions to protect consumers?.
They aid in the prosecution of businesses that market dangerous goods to consumers. They assist customers in locating the top product reviews from a range of sources.
Local Consumer Programs are non-profit or governmental organisations that address consumer complaints in their home states' regions, where their familiarity with the area and interest in the community enable them to help customers in a useful way. The FTC's Bureau of Consumer Protection combats unfair, deceptive, and fraudulent business practises by gathering goods consumer complaints, conducting investigations, pursuing legal action against violators, formulating rules to maintain a fair market, and educating companies and customers about their rights.
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a prospect is heavily invested in the common stock of an employer's company, abc, relative to other investments. the stock has performed well over the last 15 years and the prospect is very happy with the investment. after reviewing financial and nonfinancial criteria, you have determined that
After reviewing financial and nonfinancial criteria, you have determined that His nonsystematic risk will be decreased by selling a piece of ABC and using the proceeds to buy mutual funds.
We should be aware that the prospect in this instance has a sizable interest in the business and is consequently subject to non-systematic risk.
It is advised for the prospect to sell a portion of the chunk of the ABC stock and use the proceeds to purchase mutual funds in order to lessen the risk associated with the prospect's significant investment. Diversification like this helps to cut down on risk.
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chark united sells a tracker that allows parents to track their children through a lightweight, metal bracelet. sales are very low, and parents are avoiding the product due to concerns about cost and the fact that the bracelets seem to break easily. the bracelets are most likely in which stage of the product life cycle?
Chark united sells a tracker that allows parents to track their children through a lightweight, metal bracelet. sales are very low, and parents are avoiding the product due to concerns about cost and the fact that the bracelets seem to break easily. The bracelets are most likely in the introduction stage of the product life cycle.
The object being sold is referred to as a product. A service or an object both qualify as products. It could take on a physical, virtual, or
A piece of jewelry worn around the wrist is called a bracelet. Bracelets can be worn as an adornment or for other purposes. Bracelets can serve as holders for other decorative objects like charms when worn as jewelry.
Some bracelets, such as allergy bracelets, hospital patient identification tags, and bracelet tags for newborn babies, are marked with medical and identifying information. Bracelets can be worn for religious or cultural reasons or to represent a particular phenomenon, such as breast cancer awareness.
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with a matched funding technique, portfolio managers try to match specific liability obligations due at specific times to a portfolio of bonds that minimize the portfolio's interest rate risk.
The following statement "With a matched funding technique, portfolio managers try to match specific liability obligations due at specific times to a portfolio of bonds that minimize the portfolio's interest rate risk" is true.
A portfolio plan serves as a road map for achieving your financial objectives. It is a strategy that aids in maximizing your investment results. In order to optimize their profits, investors employ a variety of portfolio methods. Typically, this entails making investments in a variety of valuable assets, including dividends and excellent wine.
The active strategy and the passive approach are two different sorts of portfolio strategies. A fund manager will purchase and sell securities as part of an active strategy in response to shifting market circumstances. You avoid routinely purchasing and selling stocks when you use a passive technique.
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diane purchased a factory building on june 15, 1993, for $5,000,000. she sells the factory building on february 2, 2017. determine the cost recovery deduction for the year of the sale.
03174 × $5,000,000 × 1.5/12 = $19,838. Prior to May 3, 1993, non-residential real estate was put into service (31.5-year life).
What types of real estate fall under the non-residential category?Any building or structure, or portion of a building or structure, that is not occupied entirely or primarily for the purpose of human habitation, as well as any adjacent lands and premises and all outbuildings, fences, and other erections on or within them, are collectively referred to as "non-residential property.
Non-residential: What isnot inhabited or utilized as a residence. nonresidential structures: those not only used or occupied by homes.
What kinds of services are there?Community Services.
Individual Services.
Insurance and banking.
Transportation. Warehousing. Communication.
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multichannel marketing refers to group of answer choices the blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and building relationships with consumers who shop and buy in the traditional marketplace and online. selling the same product to the same customers under two distinct brand names. selling the same product to the same customers at two different price points through two different distributors. the use of bots to find the best prices and make purchases from multiple websites simultaneously. the blending of nonelectronic communication and delivery channels to counteract the power of online buying.
Multichannel marketing refers to the blending of different communication and delivery channels that are mutually reinforcing in attracting, retaining, and building relationships with consumers who shop and buy in the traditional marketplace and online.
A customer is someone or a collection who intends to order, or makes use of bought items, merchandise, or services usually for private, social, own family, household and similar needs, who isn't immediately associated with entrepreneurial or business sports.
A consumer is the only who purchases the product for his/her personal need and uses or consumes it. A consumer can't resell the best, service or product but can devour it to earn his/her livelihood and self-employment. Definition of customer. The customer is the one who's the cease-person of any items or services.
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true or false: the six major advantages to banks of international expansion are risk diversification, economies of scale, innovations, funds source, customer relationships and regulatory avoidance.
The six major advantages to banks of international expansion are risk diversification, economies of scale, innovations, funds source, customer relationships and regulatory avoidance. Hence, this statement is TRUE.
What is International expansion?
The process through which businesses from one market (commonly referred to as their home market) expand operations into a different market is known as International expansion (often referred to as the target market).
One market at a time, or regionally — for instance, extending to all of North America rather than simply to Canada or Mexico separately from the United States — can be done in this manner.
when companies create a single worldwide brand and make minimal to no adjustments for different markets. The electronics firm Apple, which uses the same technology across all markets, is possibly the best illustration of a total global takeover.
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find the future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly.
The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$
What is Compounding?Compounding is the method through which interest is added to both the principle balance already in place and the interest that has already been paid. Thus, compounding can be thought of as interest on interest, with the result that returns on interest are magnified over time, or the so-called "magic of compounding." After a year, you would receive $10 in interest if you deposited $1,000 into an account with a 1% annual interest rate. Compound interest allowed you to earn 1 percent on $1,010 in Year Two, which amounted to $10.10 in interest payments for the year.
Hence, The future value of an ordinary annuity of $60 paid at the end of each quarter for 3 years, if interest is earned at a rate of 4%, compounded quarterly will be 907.2$
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You’ll be required to carry extra insurance coverage if _____.
You’ll be required to carry extra insurance coverage if (A) you’ve been convicted of a DUI.
What is the insurance coverage?The amount of risk, liability, or possible loss that insurance covers are referred to as insurance coverage. It aids people in making up for monetary losses brought by unfortunate events like vehicle accidents, property damage, or unanticipated medical problems.Your insurance limit, also known as your coverage amount, refers to the highest amount your insurer will settle a claim for under the terms of your policy. The majority of insurance contracts, including those for auto and home, include various types of coverage with distinct coverage limits.If you've been found guilty of a DUI, you must maintain additional insurance coverage.Therefore, you’ll be required to carry extra insurance coverage if (A) you’ve been convicted of a DUI.
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Complete question:
You’ll be required to carry extra insurance coverage if _____. A. you’ve been convicted of a DUI B. you’ve been convicted of a felony C. you are the victim in a crash D. you are not a U.S. citizen
Gaining access to a safety deposit box using iris scanning is an example of _____________ authentication.
Using iris scanning to open a safe is an example of biometric authentication in action.
Explain about the biometric?Unique physical traits, like fingerprints, that can be recognised automatically are known as biometrics.
Analysis of distinctive biological and physiological traits with the purpose of establishing a person's identity is known as biometrics. The five most popular biometric identifiers are: palm or finger vein patterns, voice, iris, face, and fingerprint prints.
High security and assurance Biometric identification helps confirm identity by answering the questions of "something a person possesses and is." User Experience Quick and convenient. Everyone has access to a distinct set of biometrics, which are non-transferable. Biometrics are difficult to forge or take as counterfeit.
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According to thoreau, how would people´s lives change if they rejected conformity?.
They would have a richer life. Who or what does Georgiana represent in "the Birthmark". Death is symbolized by Georgiana's birthmark .
In the birthmark, who is Georgiana supposed to represent?Death is symbolized by Georgiana's birthmark. Every living thing, the narrator claims, has some sort of imperfection as nature's reminder that all things that are alive eventually pass away.The birthmark is gradually fading as Aylmer observes with joy. Upon awakening, Georgiana discovers her reflection in a mirror with the birthmark almost entirely gone. Aylmer is told that she is dying while still grinning. Georgiana passes away once the birthmark is fully gone.She throws away years of adulation and grows disgusted with herself because he is shocked by how she looks. She willfully takes a life-threatening risk because she firmly believes that anything should be done to make Aylmer happy.To learn more about Georgiana's birthmark refer to:
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when actual costs are lower than standard costs, it is said to be a(n) variance. a.unacceptable b.normal c.favorable d.unfavorable
A favorable variance is when actual costs are less than standard costs.
A cost is the value of money that has been used to produce something or provide a service and is now not usable for production, research, retail, or accounting purposes. In the world of business, the cost might be one of acquisition, in which case the cost is the money expended to acquire it. In this scenario, money is the input needed to obtain the item. The price paid by the acquirer above and beyond the price given to the producer, as well as the production costs borne by the original producer, may both be included in this acquisition cost. Usually, the price includes a profit margin in addition to the costs of production.
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in the boston consulting group (bcg) business portfolio model for analysis of a firm's strategic business units, or sbus, the horizontal axis represents
The market growth rate is represented by the horizontal axis of the business portfolio model for the study of a company's strategic business units, or sbus, created by Boston Consulting Group (BCG).
What is the Market growth rate?The anticipated percentage growth for your industry over a predetermined time period is known as the market growth rate. We might anticipate that the COVID-19 epidemic has dramatically increased the market growth rate for cleaning products.The horizontal axis of the business portfolio model for analysis of a company's strategic business units, or bus, developed by Boston Consulting Group (BCG), represents the pace of market growth.Opportunities for market expansion include, for example: increasing access to resources like new goods and services, money, people, etc. greater productivity in the workplace. Improved customer service and a change in the consumer experience. We would divide the increase by the initial market share and multiply the result by 100 to determine the growth rate.Therefore, the rate of market expansion is represented by the horizontal axis of the business portfolio model for the study of a company's strategic business units, or sbus, created by Boston Consulting Group (BCG).
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suppose goods a and b are substitutes for each other. we would expect the cross-price elasticity between these two goods to be group of answer choices positive. negative. either positive or negative. it depends whether a and b are normal goods or inferior goods. either positive or negative. it depends whether the current price level is on the elastic or inelastic portion of the demand curve.
Suppose goods A and B are substitutes for each other. We would expect the cross-price elasticity between these two goods to be positive.
Price elasticity of demand is a dimension of the change in the consumption of a product in relation to a change in its price. Expressed mathematically, it's Price Pliantness of Demand = Chance Change in Quantity Demanded ÷ Chance Change in price.
The price pliantness of demand is calculated by dividing the change in volume demanded by the chance change in price. However, the demand is considered to be elastic, If the quotient is lesser than or equal to one. However, demand is considered inelastic, If the value is lower than one.
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information systems provide managers with a means for monitoring all of the following except a. the results that flow from the actions of subordinates. b. the performance of empowered workers. c. weekly operating statistics. d. employees with over-the-shoulder supervision. e. daily operating statistics.
The correct answer is d) employees with over-the-shoulder supervision.
information systems provide managers with a means for monitoring .
Benchmarking is the process of looking externally to identify the best practice for carrying out a task, followed by the development of data to assess how well a company's performance of that task compares to the best-practice standard.
A effective rule of thumb is to define enough policies so that organizational members have clear direction in putting strategy into practice and that their activities are constrained within realistic bounds.
adopting aggressive management strategies to get rid of workplace stress, anxiety, and job insecurity
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A basket manufacturing company produces 83,575 woven baskets each year. determine the minimum sales price the company must sell each basket for to make a profit of $100,000, if the total annual fixed costs are $817,363.50 and the variable cost per basket is $12.17. $10.98 $21.95 $23.15 $31.76
The minimum sales price that the company must sell each basket for to make a profit of $100,000 is $23.15, using proportions.
The least amount of money that is received which equals, after taxes are paid, the present worth of the asset sold, is the minimum sales price of a property.
Using basic mathematical operations like multiplication and division, equations are created with these fractions to obtain the necessary measurements in the problem. A proportion is a fraction of the total amount.
The total costs for the production are given as follows:
$817,363.50 fixed.
$12.17 per basket.
Hence:
Total cost = 817363.5 + 83575 x 12.17 = 1,834,471.25.
For a profit of $100,000, the amount they have to make is:
1,834,471.25 + 100,000 = 1,934,471.25.
As profit is revenue subtracted by cost.
Hence the minimum sale price of the 83,575 woven is calculated as follows:
1,934,471.25/83575 = $23.15.
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Answer:23.15
Explanation:
jim having had no luck selling his rolex watch in the previous question, decides to put his watch up for auction. at the auction, mark is the highest bidder with a price of $1,500. jim thinks the watch is worth much more than $1,500 and refuses to sell it to mark. is there a valid contract?
No, there is no valid contract between Jim and mark because there is no fulfillment of any essential elements which makes up a contract.
What is a contract?A valid contract is one that is binding and enforceable. In a valid contract, all parties are legally obligated to perform the contract.A contract is a legally binding promise between at least two parties to perform an obligation in exchange for something of value. Contracts may be written, oral, or a combination of both.It is a contract where both parties think in the same sense at the same time. It is a contract that is enforceable in the eyes of the law.
Essential elements of a valid contract are as follows:
offeracceptanceconsiderationagreementenforceabilityconsensuslegal formalitycontractThus, there is no contract between Jim and mark as there is not any essential elements of valid contract present.
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What finite resources may be used in the production of a pair of training shoes?.
Oil, coal, or gas are examples of finite resources that may be used in the production of a pair of training shoes.
Finite resources are referred to as non-renewable resources that will eventually run out. Plastics, metals, and fossil fuels (natural gas, oil, and coal) are all examples of finite resources. Finite resources are being used at a faster rate than the rate of their natural reproduction. Finite resources cannot be synthetically reproduced.
As per the question, in the making of a pair of training shoes following finite resource might be used:
Oil: to produce synthetic or plastic rubber elementsGas or coal: to power stations in order to fuel production processYou can learn more about non-renewable resources at
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What is a commission, as it relates to the stock market? a. the act of making stock available to buy b. a request to buy a specific kind of stock c. profit made from selling stock d. a fee paid to a broker for making a trade
Answer: A. The act of making stock available to buy
Explanation:
at bahama foods, the break-even point is 20,000 units. if fixed costs total $60,000 and selling price per unit is $15, what is the variable cost per unit?
The break-even point at Bahamas Foods is 20,000 units. If the selling price per unit is $15 and the total fixed expenses are $60,000, the variable cost per unit will be $18.
How do you calculate variable cost per unit?Multiply the cost of producing one unit of your product by the overall number of items you have produced to determine variable expenses. This equation appears as follows: Cost per unit multiplied by the overall number of units equals total variable costs.
Sales Price: The sales price is the sum of the product's cost and the seller's profit. The contribution margin is the difference between the sales price and the variable costs.
BEP (Units) = Fixed costs / (Unit selling price - Unit variable cost)
20,000 units = $60,000 / (Selling price - $15)
Selling price - $15 = $3
Selling price = $18
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are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the . group of answer choices
Neoclassical economists are those who frequently highlight the significance of aggregate supply in determining the macroeconomy's size in the long run.
In neoclassical economists, the supply and demand model is seen as the primary force behind the production, consumption, and valuation (price) of commodities and services. This school of thought contends that the value of a good or services is established through a hypothetical maximization of utility by income-restricted individuals and of profits by businesses facing production expenses while utilizing knowledge and production elements that are readily available. This strategy has frequently been defended by citing rational choice theory, a theory that has been seriously contested in recent years.
The neoclassical synthesis, which dominated mainstream economics as "neo-Keynesian economics" from the 1950s to the 1970s, combined Keynesian and neoclassical economics to dominate macroeconomics historically.
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develop the work breakdown structure is an activity performed in what knowledge area? group of answer choices integration management initiating process group scope management time management
Develop the work breakdown structure is an activity performed in what knowledge area integration management.
Which body of knowledge includes the Create Work Breakdown Structure procedure?The fourth procedure in the knowledge area of scope management is the create WBS process.
Why would someone utilize a work breakdown structure?For projects, programs, and even initiatives, a work breakdown structure (WBS) is a tool that may be used to comprehend the work that must be done to successfully generate a deliverable (s). Making a WBS has several advantages, including how it defines and arranges the necessary tasks.
What does a project management work breakdown structure entail?A project's tasks are organized hierarchically in a work breakdown structure (WBS). The WBS "breaks down" a project's structure into doable deliverables. Each deliverable has a job, or set of activities, allocated to it that can be further divided into smaller tasks to suit the project's requirements.
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What were the two primary opportunities for women in europe during the middle ages?.
Work and Education were the two primary opportunities for women in Europe during the middle ages.
What is primary?First or highest place or importance. A major goal in his life. First in each row, sequence, etc. in order. first in time. earliest; primitive; Principal Use means the principal or primary use of property, building, or structure. Primary or primary education is usually the first level of formal education after preschool/kindergarten and before secondary school. Primary education takes place in elementary school, elementary school, or primary and secondary school, depending on location. The International Standard Classification of Education considers primary education to be a single-stage programme, and programs are typically designed to provide basic reading, writing and mathematics skills and provide a solid foundation for learning . This is ISCED Level 1: The first level of primary or basic education.To learn more about primary from the given link :
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