An increase in the total income may lead to changes in Tristan's financial decisions in positive as well as negative ways.
What are financial decisions?A plan or a strategy which is backed by strong logic of an individual to distribute his or her income in different forms of investments, expenses, and savings, are known as financial decisions.
When Tristan gets an increase in his income, his financial decisions may, change in a way that he may start investments and save for future goals. He may also start spending on luxuries, which he otherwise, could not afford to.
Hence, the significance of an increase in income on the financial decisions of Tristan is aforementioned.
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The Deepwater oil spill in the Gulf of Mexico in 2010 was made much worse because BP Oil did not have plans in place for surprises. Planning for unexpected events is called
Planning for unexpected events is called contingency planning.
What is contingency planning?A contingency plan is a strategy created to assist an organization in effectively responding to a large crisis, event, or condition that may or may not occur in the future.
Because it can be utilized as a fallback strategy in the event that desired outcomes are not achieved, a contingency plan is also known as a "Plan B" or backup plan. Business continuity (BC), disaster recovery (DR), and risk management all include contingency planning.
It all comes down to risk management, risk reduction, and preparation for quick disaster recovery.
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in which way does the concept of product life cycle (plc) help marketing managers?
The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more products.
What is product life cycle?
Product life cycle talks about the life span of a product.
It include how long a product can last before spoilage or before it becomes obsolete.
It helps managers to plan rebranding of a product and new production.
Therefore, The concept of product life cycle (plc) help marketing managers to know when to roll out a product for sale and when to develop or produce more and new products.
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Because the slope of the production function becomes flatter as more capital is added, the marginal product of capital is
As the slope of the production function becomes flatter as more capital is added, the marginal product of capital is "decreasing".
What is marginal product of capital?The extra output that emerges from adding one unit of capital typically cash is known as the marginal product of capital.
This statistic frequently applies to start-up businesses that depend on private financing to get off the ground. The increased output brought on by adding a worker is known as the marginal product of labour.
Diminishing marginal returns, the marginal product that starts to decline, is an indicator of this phenomenon. The value that these additional units offer to the organisation, in terms of output generated, starts to diminish because there aren't enough workers to operate with the extra equipment.To know more about the importance of marginal product, here
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when scrum team members meet and collaborate with each other to find the best way to build and deliver the software to the customer, which of the following agile values is being practiced?
When scrum team members meet and collaborate with each other to find the best way to build and deliver the software to the customer, the agile value being practiced is:
individuals and interactions over processes and tools;What is the Agile value of collaboration?The agile value of collaboration requires that team members should interact with one another to brainstorm over a matter and know the best methods to use in solving a problem.
So when the scrum team members engage in the interaction above, they are heed to the first Agile value.
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The current popularity of teams can be attributed to the fact that ________. A. they outperform individuals B. they represent a better way to use employee talents C. they reduce the need for coordination and supervision D. they aid in the performance of simple tasks that do not require diverse inputs E. they strengthen the worth of individual team players over the team
Generally, the current popularity of teams are mostly due to the fact that they represent a better way to use employee talents.
What is a team popularity?This refers to a team quality of being liked, enjoyed and accepted by a large number of people.
In most times, the popularity of typical teams are because they represent a better way to use employee talents for their organizational success.
Therefore, the Option B is correct.
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A financial statement that has a date line similar to "For the month ended June 30, 20XX," is a(n):
A financial statement that has a date line similar to "For the month ended June 30, 20XX," is an income statement.
What is income statement?An income statement is what measures the profits and losses over a specific period for a company. It is used for reporting the financial performance over an accounting period.
Hence, a financial statement that has a date line similar to "For the month ended June 30, 20XX," is an income statement.
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for a monopolist: a. price equals average total cost. b. price is above marginal revenue. c. marginal revenue equals zero. d. marginal cost equals zero. e. average total cost equals marginal cost.
For a monopolist, price is above marginal revenue.
What is monopolist market?A monopolist market is a market with managed alone.
The price of commodity should be greater than marginal revenue this is because until marginal revenue and cost are balance the business cannot expand.
But a high price above the revenue will equal to profit.
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For a monopolist seller, price is above marginal revenue.
What is marginal revenue?This can be defined as the difference between the amount of revenue generated as a result of additional unit of variable factors of production.
Factors of production are grouped as follows;
Fixed factors:Land and Machineries.
Variable factors of production: Labor and Capital.
Therefore, price is usually higher than marginal revenue for a monopolist.
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An increase in a firm's total asset turnover will:
An increase in a firm's total asset turnover means that the company is more efficient at using its assets.
What is Asset turnover ratio?Asset turnover ratio can be regarded as the ration that is found which describes the value of a company's sales and value of its assets.
It help the company to analyze the efficiency of the company in deploying its assets.
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A knowledge management system should help an organization:
The knowledge management system should help an organization to:
promote innovationimprove customer serviceincrease revenue by reducing the delivery timeimprove employee retention rates through rewardWhat is a knowledge management system?This refers to the information system that stores and retrieves knowledge to improve understanding and collaboration of the business process.
Hence, the system is expected to promote innovation, improve customer service, increase revenue by reducing the delivery time, improve employee retention rates through reward.
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Manufacturers will work with specific retailers depending on where their target consumers expect to find their products. what does this process refer to?
Manufacturers will work with specific retailers depending on where their target consumers expect to find their products in the process known as Consumer expectation.
What is Consumer expectation?Consumer expectations can be regarded as the economic outlook of households.
Expectations in the path of consumers help them in the bearing on current economic activity and help Manufacturers to work with specific retailers depending on where their target consumers.
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Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the government could help to reduce the negative effect of that market failure.
Monopoly power, inefficiency, absent markets, and other factors can all result in market failure. Government is help to reduce the negative effect of that market failure such as implemented taxes and laws. An example of a market failure is music application.
What is market failure?
When we talk about "market failure," we're talking about an economy where there is an inefficient flow of commodities and services on the open market.
Inefficiency, absent markets, insufficient markets, and negative externalities are the main forms of monopoly power. audio player: All listeners hear the song, yet it cannot affect them directly. It is unable to determine whether or not a user has paid.
The government must address market failure issues brought on by additional regulations, taxes, tariffs, subsidies, and trade restrictions.
As a result, monopoly power, inefficiency and missing markets types of market failure. Government implemented taxes and laws. Ex of music app.
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When both supply and demand decrease, the equilibrium price ________ and the equilibrium quantity ________.
When both supply and demand decrease, the equilibrium price increase and the equilibrium quantity decrease.
What is supply and demand?Supply can be defined as the amount of goods that a company is willing to produce and supply while demand can be defined as the amount of goods that consumer are willing or ready to buy.
When both supply and demand decrease, the equilibrium price and the equilibrium quantity can do the following:
Increase; decreaseDecrease; decreaseRemain the same; decrease
Therefore when both supply and demand decrease, the equilibrium price increase and the equilibrium quantity decrease.
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Emilia bought some Japanese sushi at the grocery store for $14. When she got it home and served it to her family, it tasted rancid. She brought the sushi back the next day and was given a full refund with no questions asked. Evidence indicates that successful handling of product and service failures as in Emilia's situation leads to _______. a. decreased levels of online shopping b. lower levels of customer loyalty c. increased levels of online shopping d. higher levels of customer loyalty
D. Higher levels of customer loyalty
What is customer loyalty?Customer loyalty is described as when clients reward a business again and time again business. Consistently choosing one brand over another, loyal customers frequently stand up for that brand against rivals.
Building a loyal customer base means making them willing to purchase your products at any cost, especially when there are less expensive options available. Customers that are devoted and pleased with your product or service can also promote it to their friends and family and support your business even in trying times.
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1. describe a buying situation in which you were successfully cross-sold and a situation in which you were ""traded up.""
To Cross-sold means a sales tactic used to get a customer to spend more by purchasing a product that's related to what had been bought already. Read below about trade up.
What does it mean to be traded up?To be traded up means to have added a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.
Therefore, the correct answer is as given above.
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Assume that an adjusting entry was made on november 30 for earned, but unpaid employee salaries of $260 which represented 2 days of salaries earned for november 29-30. on december 5, the employees are paid for five days. record the journal entry on december 5 assuming that reversing entries are used by selecting the account names from the pull-down menus and entering dollar amounts in the debit and credit columns.
The journal entry to be recorded for the transaction that took place on December 5 will affect a debit in Salaries and Wages Expense for $650; and a credit in the Cash balance equally.
What is a journal entry?A systematic method of recording the monetary and financial transactions in a chronological way of their occurrence, is known as a journal entry. Each journal entry has a debit and credit effect of equal amount.
The journal entry for the transaction has been added in the image for better reference.
Hence, the significance of journal entry is aforementioned.
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A cooperative agreement among oligopolists is more likely to be maintained, a. the greater the number of oligopolists. b. the larger the number of buyers of the oligopolists' product. c. the smaller the number of buyers of the oligopolists' product.
A cooperative agreement among oligopolists is likely to be the more likely it is that the game among the oligopolists will be played over and over again.
Why do oligopolists frequently appear to act together?While oligopoly companies in a sure market decide what quantity to offer and what fee to fee, they face a temptation to act as though they were a monopoly. With the resource of appearing collectively, oligopolistic companies can preserve enterprise output, charge a better charge, and divide up the income amongst themselves.
While corporations within the identical corporation work together to increase their mutual profits rather than competing doggedly with each distinctive, it's miles known as an oligopoly scenario. Oligopolies are placed in the course of the arena or even appear like growing into advantageous industries.
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The failure to properly record an adjusting entry to accrue an expense will result in an:
The failure to properly record an adjusting entry to accrue an expense will result in an understatement of expenses and an understatement of liabilities. This is further explained below.
What are expenses?Generally, expenses are simply defined as what it would take or what it would cost to do anything.
In conclusion, Incorrectly recording an accrual adjustment entry will result in a misstatement of both costs and liabilities.
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Question 9(Multiple Choice Worth 5 points) (04.03 LC) In our culture, one recent fatal event is common and does not affect the insurance business may encourage individuals to decrease insurance coverage may trigger fear and, therefore, more insurance sales frequently results in switching insurance companies
The pandemic and measures were taken to control the spread disease have significantly disrupted economic activity in countries around the world, resulting in significant business interruption losses.
What was the impact of pandemic over the insurance businesses?Businesses across many sectors of the economy faced major decline in the revenue during the pandemic due to which government direct them to close their businesses.
Insurers and their associations around the world stated that most of the policyholders have not acquired insurance coverage which will respond to the business interruption losses that result from pandemic business closures.
Business interruption insurance against pandemic risk could be provided with support from governments based on the experience of risk insurance programs.
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Assume that the markets can no longer be segmented. What would be the quantity demanded if price is 50 in a monopoly market?
The quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.
What is a monopoly?A monopoly is a price structure where there are many buyers but only one seller.
This could be a
natural monopoly; Pure monopolyLegal monopoly etc.It is thus correct to state that the quantity demanded will remain the same because in a monopoly market, there is only one supplier, hence the demand is forced to remain inelastic to price changes.
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A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a: Group of answer choices corporate raider. takeover specialist. financial capitalist. venture capitalist.
A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a venture capitalist.
Who is a venture capitalist?A venture capitalist is usually a high net worth individual or group of people who specialise in investing in small businesses. They usually provide financial capital to small businesses in exchange for a percentage in ownership in the company.
Due to the fact the investing in small businesses is risky, the returns demanded by venture capitalist is usually high.
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a 12oupon bond, semiannual payments, is callable in 3 years. the call price is $1,120; if the bond is selling today for $1,110, what is the yield to call?
Based on the coupon rate, the call price and the selling price, the yield to call is 11.06%.
How is the yield to call found?The formula to find it is:
= (Coupon + (Call price - Current price) / Number of periods ) / ( (Call price + Current price) / 2 ) x 2
Solving gives:
=( (12%/2 x 1,000) + (1,120 - 1,110) / 6 semi annual periods ) ) / ( (1,120 + 1,110) / 2) x 2
= (61.667 / 1,115) x 2
= 11.06%
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Dr. Klein receives an email inviting her to submit an article based on her research to The Journal of Science. The email promises a rapid publication process and charges a fee to cover the costs of expediting the process. She is not familiar with this journal and decides to look up its impact factor in Journal Citation Reports. Unfortunately, it is not listed there. What would Dr. Klein likely conclude about this journal
Dr. Klein would likely conclude that this journal is likely predatory.
What is a predatory journal?A predatory journal is a publication claiming to be a legitimate scholarly journal but misrepresents its publishing practices, lacking peer reviews because of the promised rapid publication process.
This conclusion is based on the fact that the Journal Citation Reports database provides impact factors and rankings of many journals in the social and life sciences with millions of citations, which this predatory journal lacks.
Thus, Dr. Klein would likely conclude that this journal is likely predatory.
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Are fixed costs considered to be anticipated or unanticipated costs? are variable costs considered to be anticipated or unanticipated costs?.
Answer:
anticipated (Think)
Explanation:
The term fixed cost refers to a cost that does not change with an increase or decrease in the number of goods or services produced or sold. Fixed costs are expenses that have to be paid by a company, independent of any specific business activities. This means fixed costs are generally indirect, in that they don't apply to a company's production of any goods or services.
Which of the term structure theories claims that investors are limited to certain maturity ranges due to legal restrictions and personal preferences?.
Answer:
The market segmentation theory.
Explanation:
Market segmentation theory holds that long-term and short-term interest rates are unrelated. It also argues that the current interest rates for short, intermediate, and long-term bonds should be assessed individually, as if they were products in various debt securities markets.
According to market segmentation theory, each asset maturities market group is primarily composed of investors who, in this example, choose to invest in securities with certain durations such as short-term, long-term, or intermediate. Furthermore, the theory states that buyers and sellers in the short-term securities market have unique characteristics and motives when opposed to buyers and sellers in the long-term and intermediate maturity securities markets.
Reference: Snellman, Kaisa. From One Segment to a Segment of One-The Evolution of Market Segmentation Theory. Svenska handelshögskolan, 2000.
Which of the following best describes retained earnings? Select one: Shows in and out flows of cash from the company during a period Provides a description of sources of funding and uses of funding, at a point in time Records level of reinvested profits Total assets less net liabilities equals equity
The option that best describes retained earnings is records level of reinvested profits.
What is retained earnings?
Retained earnings is the amount of a company's earnings that is not paid out to shareholders as dividends or used to pay debtors. It is the amount of money that can be reinvested into the business.
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The amount of a product an organization expects to sell during a certain period of time, based on a specified level of marketing effort, is called a:.
A sales forecast is the volume of merchandise that an organization anticipates selling over a given period of time, based on a predetermined level of marketing activity.
What exactly do you mean by marketing?
Marketing describes the actions a business does to encourage the purchase or sale of a good or service. Advertising, selling, and delivering goods to customers or other firms are all included in marketing.
Sales forecasting is the act of determining how much a sales unit—which can be a single salesperson, a sales team, or an entire company—will sell over the course of the upcoming week, month, quarter, or year.
Thus, organizing expectations for sales during a given period of time refers to the sales forecasts.
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Although the unemployment rate is the single best indicator of how well the labor market is working, we discussed in class that it is considered incomplete because it: does not count discouraged workers. does not measure how well people are matched to their jobs. counts part-time workers who would like to work full time as fully employed.
The unemployment rate is not considered to be a complete measure because it does not count discouraged workers.
How is the unemployment rate calculated?
The unemployment rate includes only people who are still actively searching for work and they have to be in the labor force.
People who have looked for jobs for a while and then got discouraged and given up, are not counted as unemployed which therefore depresses the unemployment rate.
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You are advising a coffee shop manager who wants to calculate how much sales will change if the price of a latte rises. You tell him he should measure elasticity by using the mid-point method in his calculations because the mid-point method will provide:
The coffee shop manager should measure elasticity with the mid-point method because he will get the same information regardless of a fall or rise in price.
Why should the midpoint formula be used?When the midpoint formula is used to calculate elasticity, it calculates the elasticity using both price increases and decreases such that the base is the same.
This allows you to receive the same elasticity result of either price point that was used and so allows for more accurate analysis.
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depositors lack of information about the quality of bank assets can lead to:
Depositors' lack of information about the quality of bank assets can lead to A) bank panics.
What are bank panics?Bank panics refer to the simultaneous loss of confidence in banks' solvency.
This loss of confidence may drive many depositors to demand a refund of their bank deposits at the same time.
Bank panics worsen asymmetric information problems in credit markets.
Answer Options:A) bank panics.
B) bank booms.
C) sequencing.
D) asset transformation
Thus, depositors' lack of information about the quality of bank assets can lead to bank panics, not booms, sequencing, or asset transformation.
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This year you have decided to focus your efforts on marketing to employer group plans. One employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. What should you do?.
The thing that should be done regarding the marketing it it go ahead and call the retirees.
What is marketing?It should be noted that marketing is the strategies that are put in place in order to increase sales.
In this case, the employer provides you with a list of their retirees and asks you to contact them to explain the characteristics of the plan they have selected. It is important to call them.
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