The statement a is correct. Retailers like Target and Kmart are considered to be members of the reseller business market.
Resellers purchase products from producers or wholesalers and then sell those products to customers. Target and Kmart purchase products in large quantities from various producers and wholesalers, and then sell those products to individual consumers at a markup price. They are not producers themselves as they do not create or manufacture the products they sell. Additionally, they are not customers of the producers or wholesalers they purchase from, as they are buying products to resell rather than for their own use. Therefore, the most appropriate categorization for these retailers would be reseller.
To know more about sell visit:
https://brainly.com/question/30810410
#SPJ11
Operating losses incurred during the start-up years of a new business should be
a. accounted for and reported like the operating losses of any other business.
b. written off directly against retained earnings.
c. capitalized as a deferred charge and amortized over five years.
d. capitalized as an intangible asset and amortized over a period not to exceed 20 years.
Option A is correct: operating losses incurred during the start-up years of a new business should be accounted for and reported like the operating losses of any other business.
Operating losses are the result of expenses exceeding revenues. In the start-up years of a new business, it is common for expenses to exceed revenues as the business is still establishing itself and building its customer base. These losses should be recorded in the income statement and accounted for in the same manner as operating losses of any other business. Writing off operating losses directly against retained earnings (option B) is not appropriate since retained earnings represent the accumulated net income of the business and not losses. Capitalizing operating losses as a deferred charge (option C) or as an intangible asset (option D) is not appropriate either, as these options involve recording a future economic benefit which is unlikely in the case of operating losses.
Therefore, option A is the most appropriate choice.
for more questions on losses
https://brainly.com/question/28390284
#SPJ11
which of the following types of businesses would normally have the shortest operating cycle?
The operating cycle of a business refers to the time it takes for the business to convert its inventory into cash.
It starts with the purchase of raw materials or inventory, followed by the production or manufacturing process, and ends with the sale of the finished goods.
Therefore, the length of the operating cycle depends on the time taken for each of these steps.
In general, businesses that deal with perishable goods or have a high turnover rate tend to have shorter operating cycles.
For example, a grocery store that sells fresh produce and other perishable items will have a shorter operating cycle than a furniture store that sells large, expensive items with a longer shelf life.
Similarly, businesses that operate on a cash basis, such as fast food restaurants, typically have shorter operating cycles than businesses that extend credit to customers, such as furniture stores or car dealerships.
Know more about the operating cycle here:
https://brainly.com/question/26482515
#SPJ11
you own 630 shares of maslyn tours stock that sells for $69.22 per share. if the stock has a dividend yield of 4.2 percent, how much do you expect to receive next year in dividend income from this investment?
We can expect to receive $1,832.52 next year in dividend income from this investment.
The given information are:
Number of shares owned: 630
Share price: $69.22
Dividend yield: 4.2%
To calculate the dividend income received from this investment, we can use the formula,
Dividend income = Number of shares owned × Dividend yield × Share price
Dividend income = 630 × 4.2% × $69.22
We can convert the percentage to decimal by dividing by 100.
Dividend income = 630 × 0.042 × $69.22
Dividend income = $1,832.52
Therefore, you can expect to receive $1,832.52 next year in dividend income from this investment.
Learn more about dividend at:
https://brainly.com/question/19091688
#SPJ11
kitty has been approached by her boss several times with propositions to ensure her job promotion if she agreed to a sexual relationship with him. according to catharine mackinnon's typology, this type of sexual pestering is called:
According to Catharine MacKinnon's typology, this type of sexual pestering is called quid pro quo sexual harassment. Quid pro quo sexual harassment is when a person in a position of power, like a boss, demands sexual favors in exchange for job benefits or protection.
In this case, Kitty's boss is using the threat of withholding a job promotion as leverage to pressure her into a sexual relationship. This behavior is not only unethical, but it's also illegal.
Kitty's boss is engaging in quid pro quo sexual harassment by offering her a job promotion in exchange for sexual favors. This type of sexual pestering is considered illegal and unethical because it exploits the power dynamic between the boss and the employee. Quid pro quo sexual harassment is one of the many forms of sexual harassment that exist in the workplace. Employers have a responsibility to provide a safe working environment free of harassment. If Kitty were to report her boss's behavior, the company would be obligated to investigate and take appropriate action. It's important for employees to know their rights and to speak up if they feel uncomfortable or harassed in the workplace.
Quid pro quo sexual harassment is a serious issue that can have long-lasting effects on employees. It's important for employers to take a proactive approach to preventing and addressing sexual harassment in the workplace. Employees should feel safe and empowered to speak up if they experience harassment or witness it happening to someone else. By holding employers accountable for creating a safe and respectful workplace, we can work towards ending all forms of sexual harassment in the workplace.
To know more about employee visit:
brainly.com/question/18633637
#SPJ11
a data analyst is performing numerical calculations on the data in their spreadsheet. ahead of these calculations, they use the value function. why might they do this?
A data analyst might use the value function in their spreadsheet to convert text representations of numbers into actual numeric values.
When working with data in a spreadsheet, sometimes the numbers may be stored as text strings rather than numeric values.
This can cause issues when performing numerical calculations, as spreadsheet software like Excel or Go-ogle Sheets would treat them as text rather than numbers. By using the value function, the data analyst can ensure that the values being used in their calculations are in the correct numeric format, thus preventing errors and ensuring accurate results.
Summary: The value function is used by data analysts to convert text representations of numbers into numeric values for accurate calculations in spreadsheets.
Learn more about numbers click here:
https://brainly.com/question/25734188
#SPJ11
if interest rates are projected to increase, how should a financial institution position its duration gap?
If interest rates are projected to increase, a financial institution should position its duration gap to be shorter.
Duration gap is the difference between the maturities of a bank's assets and liabilities. If a bank has a positive duration gap, it means that the maturities of its assets are greater than the maturities of its liabilities. Conversely, a negative duration gap means that the maturities of its liabilities are greater than the maturities of its assets.
When interest rates are projected to increase, it is important to have a shorter duration gap because the value of longer-term assets will decrease more than the value of shorter-term assets. If the duration gap is shorter, then the institution will be able to more quickly adjust its interest rates to match the market. This will help minimize losses and increase profitability.
In summary, a financial institution should position its duration gap to be shorter when interest rates are projected to increase. This will help the institution to better manage interest rate risk and position itself to take advantage of rising interest rates.
Learn more about interest rates here
https://brainly.com/question/31242453
#SPJ11
many businesses are engaging in e commerce because
Many businesses are engaging in e-commerce because it offers several advantages, including increased reach, convenience, and cost savings.
**E-commerce**, or the buying and selling of goods and services online, has revolutionized the way businesses operate. One of the biggest advantages of e-commerce is the ability to reach customers all over the world, breaking down geographical barriers and opening up new markets. E-commerce is also convenient for customers, who can shop from anywhere at any time, and for businesses, which can operate 24/7 without the need for a physical store. Finally, e-commerce can be cost-effective, as it eliminates the need for a brick-and-mortar location and reduces overhead costs. As a result, many businesses are turning to e-commerce to stay competitive in today's digital marketplace.
Learn more about E-commerce here:
https://brainly.com/question/29214855
#SPJ11
Refer to the above diagram. A government price support program to aid farmers is best illustrated by: A) quantity E. B) price C. C) price A. D) price B.
C) price A. Government price support programs are best illustrated by a price above the market equilibrium, which is represented by price A in the diagram.
This is because government price support programs are designed to keep prices artificially high, and price A is higher than the market equilibrium price.
An explanation for this is that the government may purchase excess supply from farmers at a higher price than what the market would offer, creating a price floor.
This encourages farmers to produce more and helps them earn a higher income.
A summary of this answer is that government price support programs are best illustrated by a price above the market equilibrium, which is represented by price A in the diagram.
Learn more about income click here:
https://brainly.com/question/30157678
#SPJ11
hoops incorporated sells basketballs. each basketball requires direct materials of $20.00, direct labor of $13.50, variable overhead of $14.50, and variable selling, general, and administrative costs of $12.00. the company has fixed overhead of $76,500 and fixed selling, general, and administrative costs of $83,500. the company has a target profit of $80,000. it expects to produce and sell 20,000 basketballs. the selling price per unit under the variable cost method is:
The selling price per unit under the variable cost method is $80.00.
To calculate the selling price per unit, we need to consider both the variable costs and the fixed costs. Variable cost per unit = Direct materials + Direct labor + Variable overhead + Variable selling, general, and administrative costs
Variable cost per unit = $20.00 + $13.50 + $14.50 + $12.00
Variable cost per unit = $60.00
Total fixed cost = Fixed overhead + Fixed selling, general, and administrative costs
Total fixed cost = $76,500 + $83,500
Total fixed cost = $160,000
Total cost per unit = Variable cost per unit + (Total fixed cost ÷ Number of units)
Total cost per unit = $60.00 + ($160,000 ÷ 20,000)
Total cost per unit = $68.00
Target profit per unit = Target profit ÷ Number of units
Target profit per unit = $80,000 ÷ 20,000
Target profit per unit = $4.00
Selling price per unit = Total cost per unit + Target profit per unit
Selling price per unit = $68.00 + $4.00
Selling price per unit = $72.00
Therefore, the selling price per unit under the variable cost method is $80.00.
Learn more about selling price here
https://brainly.com/question/1153322
#SPJ11
an employee steals cash and makes a journal entry to cover up evidence of the theft. which two duties should have been separated to prevent this problem?
The two duties that should have been separated to prevent this problem are the custody of cash and the recording of financial transactions.
The employee who stole cash had access to both the physical cash and the accounting records, which allowed them to cover up their theft through a journal entry. By separating the custody of cash and the recording of financial transactions, there would have been a system of checks and balances in place to prevent this kind of fraudulent behavior. For example, the employee responsible for handling cash should not also be responsible for recording financial transactions, and there should be periodic audits of both the physical cash and accounting records to ensure that they match up. Additionally, there should be clear policies and procedures in place for reporting and investigating any discrepancies or suspicious activity.
Learn more about financial transactions: https://brainly.com/question/30780893
#SPJ11
Empirical evidence shows that the quantity theory of money is a good theory of inflation
a) in the long run, but not in the short run
b) in the short run, but not in the long run
c) in both the long run and the short run
d) neither in the long run nor the short run
Empirical evidence supports the quantity theory of money as a good theory of inflation in the long run, but not necessarily in the short run.
The quantity theory of money states that there is a direct relationship between the money supply and the price level of goods and services in an economy.
This theory suggests that an increase in the money supply will lead to an increase in prices, and vice versa.
In the long run, empirical evidence suggests that changes in the money supply do indeed have a significant impact on inflation rates.
However, in the short run, other factors such as changes in supply and demand, changes in production costs, and changes in expectations can also influence inflation rates.
Therefore, while the quantity theory of money provides a good framework for understanding inflation in the long run, it may not be as accurate in the short run.
Know more about Empirical evidence here:
Empirical evidence
#SPJ11
zereth's company has been trying to create a more diverse workforce, and is succeeding. what is the likely outcome of a more diversity workforce?
A more diverse workforce can lead to many positive outcomes for a company.
By having a workforce that is made up of individuals with different backgrounds, experiences, and perspectives, a company can benefit from increased creativity, innovation, and problem-solving abilities. Diversity also helps to improve communication and collaboration within the workplace, as well as improve overall company culture. Studies have shown that companies with more diverse workforces tend to have higher employee morale and engagement, and are more likely to attract and retain top talent. Additionally, having a diverse workforce can help a company to better understand and serve its customers, as well as navigate global markets more effectively. Overall, the likely outcome of a more diverse workforce is increased success and profitability for the company.
Learn more about diverse workforce: https://brainly.com/question/31607765
#SPJ11
when e-commerce is done in a wireless environment, this is called:
When e-commerce is conducted in a wireless environment, it is referred to as mobile commerce or m-commerce. M-commerce is the process of buying and selling goods and services using mobile devices such as smartphones and tablets. This type of commerce leverages wireless technologies to facilitate transactions, enabling users to access online stores and make purchases anytime and anywhere, as long as they have an internet connection.
M-commerce offers several advantages over traditional e-commerce, such as convenience and personalized experiences. With mobile devices being an integral part of our daily lives, users can effortlessly browse products, compare prices, read reviews, and complete transactions on the go. Moreover, businesses can send targeted promotions and offers to customers based on their preferences, location, and browsing history, enhancing customer engagement. However, m-commerce also presents some challenges, including security concerns and the need for user-friendly interfaces. Companies must invest in robust security measures to protect users' sensitive information and ensure safe transactions. Additionally, creating mobile-responsive websites or dedicated mobile apps is crucial for providing seamless user experiences. In conclusion, m-commerce is the evolution of e-commerce in a wireless environment, offering users more convenience and personalized experiences. To succeed in this competitive landscape, businesses must focus on both security and user experience.
to know about mobile commerce visit:
https://brainly.com/question/17933635
#SPJ11
Which of the following statements is true of the division of wealth during Reagan’s term in office?
Reagan’s policies were primarily aimed at uplifting the impoverished.Regan’s business policies put a check on the profits amassed by industrialists.The economy grew because of the high tax rates.Welfare programs introduced by Reagan taxed the rich but benefited the poor.
During Reagan's term in office, the true statement regarding the division of wealth is: Welfare programs introduced by Reagan taxed the rich but benefited the poor. The correct answer is option D.
Reagan's economic policies, known as Reaganomics, were centered around reducing taxes, deregulating industries, and cutting government spending on social programs. Although the intent was to stimulate economic growth, these policies disproportionately benefited the wealthy while leaving the poor behind.
The reduced tax rates allowed the rich to amass more wealth, and the cutbacks on welfare programs meant fewer resources were available for those in need. As a result, the wealth gap widened during Reagan's term, leading to a more unequal distribution of resources in the United States.
Hence, option D is the right one.
To know more about Reagan's economic policies , visit https://brainly.com/question/1791228
#SPJ11
when the price level increases, firms in perfectly competitive markets will: decrease their output. increase their output and decrease their prices. increase their output. decrease their output and increase their prices.
When the price level increases, firms in perfectly competitive markets will increase their output and decrease their prices. Therefore, the correct option is 1.
This statement is known as the short-run adjustment of perfectly competitive markets to a change in the price level. This is due to the fact that perfectly competitive firms are price takers; they cannot influence the price of their product.
The relationship between price level and output in a perfectly competitive market is inverse, as there is no substitute for the product. As a result, when the price level rises, the firm may increase its output because it will receive higher prices. The firm will be able to sell all of its output at the market price because there are no substitutes in a perfectly competitive market.
However, increasing the price will result in a reduction in demand and a reduction in the quantity of goods demanded. As a result, the firm will reduce its price in order to increase its market share, and it will sell more units at the lower price. As a result, the firm will have a greater output and a lower price in the short run. Hence, the correct answer is option 1.
Learn more about Perfectly competitive:
https://brainly.com/question/29596708
#SPJ11
Whose life is covered on a life insurance policy that contains a payor benefit clause?
A. Parent
B. Beneficiary
C. Child
D. Spouse
The life insurance policy that contains a payor benefit clause is designed to protect the child in case the parent or payor of the policy dies or becomes disabled. Therefore, the answer is A, Parent.
In this type of policy, the premium payments are typically made by the parent or payor, but if the payor dies or becomes disabled before the policyholder (the child) reaches a certain age, the insurer will waive the premiums for the remainder of the policy term. This ensures that the child will continue to be covered by the policy, even if the payor is no longer able to make the payments.
It is important to note that the payor benefit clause only applies to the premium payments and does not affect the death benefit, which is still paid out to the beneficiary (typically the child) upon the death of the policyholder.
Learn more about insurance policy here:
brainly.com/question/4307628
#SPJ11
a lump sum contract on a project has a total contract price of $160,000. retainage has been held back at 10%. the contractor has received progress payments for 75% of the project. the contractor submits a request for final payment for the now completed project. the final payment amount should be for
The final payment amount for the completed project would be $24,000. The calculation is shown below.
Given information: Total Contract Price: $160,000; Retainage: 10% of the total contract price and Progress Payments Received: 75% of the total contract price.
Retainage is calculated as:
= [tex]0.10 * $160,000[/tex]
= $16,000
Progress Payments is calculated as:
=[tex]0.75 * $160,000[/tex]
= $120,000
The final payment would be the remaining part of the total contract price after subtracting the retainage and progress payments received.
Final Payment Amount = Total Contract Price - Retainage - Progress Payments Received
Final Payment Amount = $160,000 - $16,000 - $120,000
Final Payment Amount = $24,000
The last installment of payment provided to a contractor, supplier, or service provider upon conclusion of a project, contract, or delivery of goods or services is referred to as final payment.
Learn more about final payment here:
https://brainly.com/question/33047019
#SPJ12
The complete question might be:
A lump sum contract on a project has a total contract price of $160,000. Retainage has been held back at 10%. The contractor has received progress payments for 75% of the project. The contractor submits a request for final payment for the now completed project. How much should the final payment amount be?
which of the following statements about sales promotion is true? which of the following statements about sales promotion is true? sales promotion is the most short-term of the promotional mix tools. sales promotion can be an effective promotional mix tool for targeting business customers, but not consumers. all major sales promotion tools involve offering discounts on products or services. a public company's annual report is often used as a sales promotion tool. (none of these choices)
The true statement about sales promotion is that it is the most short-term of the promotional mix tools.
Sales promotion is a key element of the promotional mix that offers incentives to customers or intermediaries to drive immediate sales. It is aimed at boosting sales in the short term and differs from advertising, personal selling, and public relations in terms of its short-term nature. Sales promotion can include various tools such as coupons, rebates, samples, contests, and sweepstakes.
Contrary to the given options, sales promotion can be an effective tool for both business customers and consumers, as it encourages them to purchase products or services with added value. Moreover, sales promotion tools can go beyond offering discounts, such as loyalty programs or product bundling. While a company's annual report may serve as a promotional tool to showcase its achievements, it is not typically considered a sales promotion tool.
To know more about Sales promotion visit:
https://brainly.com/question/28099569
#SPJ11
A news magazine offers students a discount on the regular subscription rate. The total number of subscriptions is optimal, and, at the current prices, the marginal revenue from the last subscription sold to a student is $6, while the marginal revenue from the last subscription sold to a regular customer is $10. In order to maximize profit, the magazine should"
a.) stop offering students a discount on the regular subscription rate
b.) offer all customers the same discount received by the students
c.) offer students a higher discount (lower the price to students)
d.) offer students a lower discount (raise the price to students)
(D) To maximize profit, the news magazine should compare the marginal cost of producing each additional subscription to the marginal revenue earned from selling it.
The fact that the marginal revenue from the last subscription sold to a student is $6, while the marginal revenue from the last subscription sold to a regular customer is $10, suggests that the marginal cost of producing each additional subscription for students is lower than for regular customers.
Therefore, option a) is not the best choice, since offering students a discount is likely to bring in more revenue than if they stopped the discount.
Option b) would not make sense, since it would result in lower revenue per subscription sold.
Option c) is a possibility since it would likely increase the number of subscriptions sold to students, but it would also decrease the revenue per subscription sold.
Option d) is the best choice since offering students a lower discount (raising the price) would increase the revenue per subscription sold, while still likely bringing in a higher number of student subscribers than if they did not offer a discount at all.
In summary, to maximize profit, the news magazine should offer students a lower discount (raise the price to students).
Know more about profits here:
https://brainly.com/question/1078746
#SPJ11
The income statement and balance sheet columns of Reed Company's worksheet reflect the following totals:
Income Statement Balance Sheet
Dr. Cr. Dr. Cr.
Totals $58000 $48000 $34000 $44000
To enter the net income (or loss) for the period into the above worksheet requires an entry to the:
a. income statement debit column and the income statement credit column.
b. income statement debit column and the balance sheet credit column.
c. income statement credit column and the balance sheet debit column.
d. balance sheet debit column and the balance sheet credit column.
The correct answer is option C, which means that to enter the net income (or loss) for the period into the above worksheet requires an entry to the income statement credit column and the balance sheet debit column.
The income statement reflects the company's revenues and expenses during a specific period, while the balance sheet shows the company's financial position at a given point in time. The net income or loss is calculated by subtracting the total expenses from the total revenues on the income statement.
To enter the net income (or loss) for the period into the worksheet, the amount needs to be recorded on both the income statement and balance sheet columns. The net income (or loss) amount is recorded on the credit side of the income statement column because it is considered a revenue for the period. On the other hand, it is recorded on the debit side of the balance sheet column because it increases the company's retained earnings, which is an asset on the balance sheet.
Therefore, option C is the correct answer because it includes the income statement credit column and the balance sheet debit column, which are the columns where the net income (or loss) should be recorded.
To know more about income statement click on below link :
https://brainly.com/question/14308954#
#SPJ11
Organizations exist to create value and that value includes, but also spans beyond profitability.
1. True
2. False
1. True. Organizations do exist to create value, but that value is not limited to just profitability. Value can also be created through social impact, environmental sustainability, and other non-financial measures.
True. Organizations exist to create value, which includes profitability but also spans beyond it. This value can encompass various aspects such as social responsibility, environmental sustainability, employee satisfaction, and customer loyalty. These factors contribute to the overall success and longevity of an organization.
Learn more about value here : brainly.com/question/30145972
#SPJ11
the drawback of centralized inventory is: a. that it extends lead times and results in higher transportation costs b. that it increases the amount of inventory required c. that it undercuts the dispersed distribution concept d. strains the ability of the carrier network
The drawback of centralized inventory is a. that it extends lead times and results in higher transportation costs.
A centralized inventory system, while providing benefits such as simplified management and lower inventory costs, has its drawbacks. The primary disadvantage is that it extends lead times, meaning it takes longer for products to reach customers. This is because the inventory is stored in a single, central location rather than multiple, geographically dispersed locations. As a result, transportation costs are also higher, as products must travel greater distances to reach the end consumer.
In contrast, a decentralized inventory system allows for shorter lead times and reduced transportation costs by keeping inventory closer to customers. However, it is important to weigh the pros and cons of each system and choose the one that best aligns with the business's needs and objectives.
To know more about the inventory system visit:
https://brainly.com/question/31708346
#SPJ11
T or F: Preferred stock has a set dividend payout rate.
True. Preferred stock has a set dividend payout rate. Preferred stock represents a type of ownership in a company, similar to common stock.
The set dividend payout rate for preferred stock is typically expressed as a percentage of the stock's par value or as a fixed amount per share.
Know more about the Preferred stock
https://brainly.com/question/18068539
#SPJ11
atent and copyright laws are major sources of natural monopolies. government-created monopolies. resource monopolies. antitrust regulation.
Patent and copyright laws are major sources of government-created monopolies.
These laws provide exclusive rights to the creators of intellectual property, such as inventions or artistic works, which prevents others from using or reproducing them without permission. This can create a natural monopoly, as the creator has control over the production and distribution of their product.
Resource monopolies and antitrust regulation can also contribute to natural monopolies, although they are not directly related to patent and copyright laws. Resource monopolies occur when a single company or entity controls access to a scarce resource, such as oil or minerals, which can create a monopoly in the market. Antitrust regulation, on the other hand, aims to prevent monopolies from forming or abusing their power, but in some cases, it can actually contribute to natural monopolies by allowing larger companies to dominate a market and drive out smaller competitors.
Learn more about Patent and copyright laws: https://brainly.com/question/29738132
#SPJ11
moerdyk corporation's bonds have a 10-year maturity, a 6.25% semiannual coupon, and apar value of $1,000. the going interest rate (rd) is 4.75%, based on semiannualcompounding. what is the bond's price?
To calculate the price of Moerdyk Corporation's bond, we can use the formula for the present value of a bond's cash flows.
The bond has a 10-year maturity, a 6.25% semiannual coupon rate, and a par value of $1,000. The going interest rate (rd) is 4.75%, which is the discount rate used for the present value calculation.
First, we need to determine the number of periods, which is 10 years multiplied by 2 (for semiannual payments), equaling 20 periods. Next, we calculate the periodic coupon payment, which is $1,000 par value multiplied by the coupon rate of 6.25% divided by 2 (for semiannual payments), equaling $31.25.
Using the present value formula for an ordinary annuity, the bond's price can be calculated as the present value of the coupon payments plus the present value of the par value:
Bond Price = (Coupon Payment / (1 - (1 / [tex](1 + rd)^n[/tex]))) + (Par Value / [tex](1 + rd)^n[/tex])
Plugging in the values, we get:
Bond Price = ($31.25 / (1 - (1 / [tex](1 + 0.0475)^{20}[/tex]))) + ($1,000 / [tex](1 + 0.0475)^{20}[/tex])
By evaluating the equation, we can determine the bond's price.
Learn more about Moerdyk Corporation's
https://brainly.com/question/15908457
#SPJ4
if the price elasticity of demand for a good is 5, then a 10 percent increase in price results in a a. 0.5 percent decrease in the quantity demanded. b. 2 percent decrease in the quantity demanded. c. 50 percent decrease in the quantity demanded. d. 5 percent decrease in the quantity demanded.
If the price elasticity of demand for a good is 5, then a 10 percent increase in price results in c.) 50% decrease in the quantity demanded. So, option c) is the correct answer.
The price elasticity of demand is a measure of how responsive the quantity demanded of a good is to changes in its price. It is calculated as the percentage change in quantity demanded divided by the percentage change in price.
If the price elasticity of demand for a good is 5, this means that a 1% increase in price will lead to a 5% decrease in quantity demanded, and vice versa.
Therefore, a 10% increase in price will result in a 5 x 10 = 50% decrease in quantity demanded.
So the correct answer to the question is c. 50% decrease in the quantity demanded.
It is important to note that the price elasticity of demand can vary for different goods and for different consumers. For example, luxury goods tend to have a higher price elasticity of demand, meaning that consumers are more sensitive to changes in their price, while necessities like food and water have a lower price elasticity of demand, meaning that consumers are less likely to change their consumption patterns even if the price changes.
To know more about price elasticity, refer
https://brainly.com/question/5078326
#SPJ11
The maintenance of the IR plan is not a trivial commitment for an organization; it includes procedures to complete effective after-action review meetings.
The given statement, "The maintenance of the IR plan is not a trivial commitment for an organization; it includes procedures to complete effective after-action review meetings" is true because maintaining an Incident Response (IR) plan is indeed a significant commitment for an organization.
AARs are critical to the success of an IR plan because they provide an opportunity to evaluate the effectiveness of the plan, identify areas for improvement, and make necessary changes. The following are some procedures that can help ensure effective AAR meetings:
Define objectives: Before conducting an AAR meeting, it is important to define clear objectives and goals. This includes identifying what went well during the incident response and what areas need improvement.Establish ground rules: Set clear expectations for the meeting, including the agenda, rules of engagement, and who will be responsible for leading the discussion.Identify participants: Determine who should attend the AAR meeting based on their involvement in the incident response and their relevant expertise.Document findings: During the meeting, capture key findings, lessons learned, and recommended improvements. Assign ownership for any follow-up actions.Follow-up: Following up on any actions identified during the AAR meeting is important to ensure that improvements are implemented and the IR plan is updated accordingly.By following these procedures, an organization can effectively evaluate its IR plan and improve its incident response capabilities.
Complete question:
The maintenance of the IR plan is not a trivial commitment for an organization; it includes procedures to complete effective after-action review meetings. True or False?
Learn more about Expertise: https://brainly.com/question/29451040
#SPJ11
the paths through which products or services get to customers are known as _____.
The paths through which products or services get to customers are known as distribution channels. These channels are essential for businesses to reach their target audience and sell their products or services effectively.
Distribution channels can take various forms, including direct sales, online sales, retail sales, and wholesale distribution.
Direct sales involve selling products or services directly to the customers without the involvement of intermediaries. This distribution channel is common in businesses that offer high-value products or services, such as automobiles, real estate, and luxury goods.Online sales have become increasingly popular, especially with the growth of e-commerce. This distribution channel allows businesses to sell their products or services through online platforms, such as websites, social media, and mobile apps. Online sales provide convenience to customers, enabling them to purchase products or services from the comfort of their homes.Retail sales involve selling products through brick-and-mortar stores, such as supermarkets, department stores, and specialty stores. Retail sales allow businesses to reach a broader audience and provide customers with the opportunity to interact with the products before purchasing.Wholesale distribution involves selling products or services in bulk to retailers or other businesses that then sell them to the end-users. This distribution channel is common in businesses that offer products with a low profit margin, such as grocery stores and convenience stores.Know more about the distribution channels
https://brainly.com/question/15101442
#SPJ11
the rules about working hours, minimum wage, mandatory break periods, and paid holidays are a part of the considerations an organization should make when expanding their business practices across borders. a. global integration b. unionization rates c. legal context d. cultural differences
When expanding business practices across borders, it is crucial for organizations to consider various factors, including working hours, minimum wage, mandatory break periods, and paid holidays.
These factors are shaped by the legal context of the country in which the organization intends to operate. Thus, it is essential for organizations to understand the legal framework that governs labor practices in their target country. Cultural differences can also affect the implementation of labor laws, as different cultures may have different perceptions of work-life balance and the value of leisure time. In addition, unionization rates can vary from country to country, affecting the organization's labor relations and negotiation strategies. Therefore, global integration requires a thorough understanding of labor laws, cultural differences, and unionization rates, among other factors, to ensure compliance and create a sustainable, productive workforce.
To know more about paid holidays visit :-
https://brainly.com/question/29834956
#SPJ11
farthington soccer supplies purchases merchandise from a supplier on credit, terms 2/10, n/30 for $15,300. assume the company uses a perpetual inventory system, and records purchases using the gross method. when recording the purchase transaction in its purchases journal, farthington would enter:
In the purchases journal, Farthington would enter the following information for the purchase transaction:
Date: [date of purchase], Account Credited: Inventory, Supplier's Name: [name of supplier], Invoice Number: [invoice number], Terms: 2/10, n/30, Amount: $15,300
Since Farthington uses the perpetual inventory system and records purchases using the gross method, the full amount of $15,300 would be recorded as the purchase price in the inventory account. However, if Farthington takes advantage of the 2% discount by paying within 10 days, a debit of $306 (2% of $15,300) would be recorded in the accounts payable account and a credit of $306 would be recorded in the inventory account to reflect the reduced cost of the merchandise.
To know more about purchases journal, visit:
https://brainly.com/question/30273292
#SPJ11
