The highest rates of inflation are shown when the price index moves from A) 106 to 112; B) 112 to 118; and C) 118 to 124. Option A, B, C are Correct.
The excessive demand ultimately causes an increase in inflation, or "pulls" inflation higher, by exerting upward pressure on prices across a wide variety of products and services.
The change in the index from the preceding period, whether it is monthly, quarterly, or yearly, is what is meant by the inflation rate that is being cited. The CPI's movements reflect the economy's impact on prices. The average change in prices over time has increased when there is an upward rise in the CPI. Option A, B, C are Correct.
Learn more about inflation Visit: brainly.com/question/777738
#SPJ4
each phase of the strategic marketing process creates its own unique type of output report. which of these would be associated with the implementation phase?
Answer:
Explanation:
The type of output report associated with the implementation phase of the strategic marketing process is an execution report. This report details the actual implementation of the marketing strategy and includes data such as the budget spent, tasks completed, and results achieved.
which of the following is the final stage of organizational evolution? the functional or product organization is retained. sales or product management takes informal steps to cross silos and solve customer problems. organizations use integrating mechanisms such as key account or segment managers. comprehensive approaches are adopted to get full structural alignment with the market.
The final stage of organizational evolution is comprehensive approaches being adopted to achieve full structural alignment with the market. This stage involves a complete restructuring of the organization to align with the needs and demands of the market.
Evolution is the process by which species of organisms change over time, usually through the mechanism of natural selection. It is a fundamental concept in biology that explains how living things have diversified and adapted to their environments over millions of years.
Evolution occurs through genetic variation, which arises through mutations and recombination of genes during reproduction. Some of these variations are beneficial to an organism, allowing it to better survive and reproduce in its environment, while others are harmful or neutral. Through natural selection, individuals with beneficial variations are more likely to survive and pass on their genes to the next generation, while those with harmful or neutral variations are less likely to do so. Over time, this process leads to the emergence of new species, as populations diverge and become increasingly different from each other.
To learn more about Evolution visit here:
brainly.com/question/13492988
#SPJ4
Prepare journal entries to record these transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.) (a) Ivanhoe Company retires its delivery equipment, which cost $52,420. Accumulated depreciation is also $52,420 on this delivery equipment. No salvage value is received. (b)Assume the same information as in part (a), except that accumulated depreciation for the equipment is $37,280 instead of 52,420.
The whole cost of the equipment, $52,420, must still be charged to the Delivery Equipment account. However, since the Delivery Equipment Accumulated Depreciation account only has a balance of $37,280, the loss on disposal of the equipment, which is the difference of $15,140, must be taken into account.
(a) Journal entries to record the retirement of delivery equipment with no salvage value:
Depreciation expense 52,420
Accumulated depreciation - delivery equipment 52,420
(To record retirement of delivery equipment)
Delivery equipment 52,420
Accumulated depreciation - delivery equipment 52,420
(To record the removal of delivery equipment)
The first entry debits the Depreciation Expense account and credits the Accumulated Depreciation - Delivery Equipment account for the full cost of the delivery equipment, indicating that it has been fully depreciated and retired from service. The second entry debits the Delivery Equipment account and credits the Accumulated Depreciation - Delivery Equipment account for the same amount, reflecting the removal of the equipment from the company's records.
(b) Journal entries to record the retirement of delivery equipment with no salvage value, assuming accumulated depreciation is $37,280:
Depreciation expense 15,140
Accumulated depreciation - delivery equipment 15,140
(To record retirement of delivery equipment)
Delivery equipment 52,420
Accumulated depreciation - delivery equipment 37,280
Loss on disposal of delivery equipment 15,140
(To record the removal of delivery equipment)
Therefore, the second entry debits the Delivery Equipment account for $52,420, credits the Accumulated Depreciation - Delivery Equipment account for $37,280, and debits the Loss on Disposal of Delivery Equipment account for $15,140.
To learn more about Delivery Equipment
https://brainly.com/question/13278497
#SPJ4
when the conditions of performance of a contract are decided by courts, a common decision can be that the parties to the contract have a simultaneous duty to perform. this results in
When the conditions of performance of a contract are decided by courts, a common decision can be that the parties to the contract have a simultaneous duty to perform. This results in a situation where both parties are obligated to perform their duties at the same time.
When parties to a contract have a simultaneous duty to perform, it means that both parties have obligations to fulfill at the same time. For example, if a contract involves the sale of goods, the buyer is obligated to pay for the goods at the same time that the seller is obligated to deliver the goods. If one party fails to perform their obligation at the same time as the other party, then there may be a breach of contract. In cases where the courts decide that the parties to a contract have a simultaneous duty to perform, it is important for both parties to understand their obligations and to ensure that they fulfill them at the same time. This can help prevent disputes and breaches of contract, as both parties will have a clear understanding of what is expected of them. Additionally, it is important for parties to ensure that the terms of the contract are clear and unambiguous, to avoid any confusion or misunderstandings regarding their obligations.
In a concurrent performance, both parties are required to fulfill their obligations under the contract at the same time. This is a common decision made by courts when the terms of the contract do not explicitly state the order of performance, or when it is deemed fair for both parties to perform their duties simultaneously.
To know more about simultaneous visit:
https://brainly.com/question/30414577
#SPJ11
which of the following is a discount that is a reduction in the amount to be paid if the customer pays within a specified time period? multiple choice question. trade discount purchase discount quantity discount sales discount
Sales discount is a discount that is a reduction in the amount to be paid if the customer pays within a specified time period. Correct option is d.
A sales discount is a price decrease that the seller offers in exchange for the buyer paying the vendor in full and on time. This strategy is frequently applied when a seller needs money right away.
When a buyer is granted a 1% discount in exchange for paying within 10 days of the invoice date rather than the customary 30 days, it is an illustration of a sales discount. This is sometimes noted as "1% 10/Net 30" clauses in the invoice.
To calculate the company's net sales, gross sales are subtracted from sales discounts, sales returns, and allowances. Sales Discounts in the general ledger is a contra revenue account as a result. Discounts on purchases are not reported as an expense.
Complete question is:
Which of the following is a discount that is a reduction in the amount to be paid if the customer pays within a specified time period? Multiple choice question.
a) trade discount
b) purchase discount
c)quantity discount
d)sales discount
To know more about sales discount, click:
https://brainly.com/question/29199569
#SPJ4
most people believe that it is morally wrong to pay an employee significantly less than coworkers who have the same work experience, work performance, job qualifications, and other relevant contributions to the job and organization. this moral judgment is based mainly on the ethical principle of
Most people believe that it is morally wrong to pay an employee significantly less than coworkers who have the same work experience, work performance, job qualifications, and other relevant contributions to the job and organization. this moral judgment is based mainly on the ethical principle of Distributive justice.
Distributive justice refers to the socially just distribution of goods, opportunities, and resources within a society. It is concerned with how to fairly allocate resources among society's participants, taking factors like wealth, income, and social position into account. In contrast to just procedure, which is concerned with the administration of the law, distributive justice places an emphasis on results.
Social psychology defines distributive justice as the perceived fairness of how group members are allocated costs and rewards. For instance, when some employees put in longer hours but still receive the same income, group members may feel that distributive justice has not been preserved. People usually use the behavioral norms of their community to determine if distributive justice has been served.
Learn more about Justice here:
https://brainly.com/question/4537505
#SPJ4
consider a tax on cigarettes. do you expect the tax incidence to fall more heavily on buyers or sellers of cigarettes? why?
When a tax is imposed on cigarettes, it will affect both the buyers and the sellers.
However, the tax incidence, or the burden of the tax, is likely to fall more heavily on the buyers.
This is because the demand for cigarettes is relatively inelastic, meaning that consumers are not very responsive to changes in price.
This is particularly true for addicted smokers who are likely to continue purchasing cigarettes despite the price increase.
As a result, when the tax is imposed, the price of cigarettes is likely to increase, and the buyers will bear the majority of this burden by paying higher prices for their cigarettes.
On the other hand, the sellers of cigarettes may be able to shift some of the burden of the tax onto the buyers by charging higher prices.
However, this is likely to be limited because of the inelasticity of demand for cigarettes.
Know more about tax here:
https://brainly.com/question/30157668
#SPJ11
suppose that the monthly jobs report published the entire adult population of the state as follows: 25 million people employed, 3 million people unemployed, 1 million discouraged workers, and 1 million people who are either students, homemakers, retirees, or other people not seeking employment. what is the total labor force? group of answer choices 25.5 million 28 million 29.4 million 30 million
The total labor force includes all those who are employed and those who are actively seeking employment, which means it includes both the employed and unemployed populations in the given economy.
In this scenario, the employed population is 25 million, and the unemployed population is 3 million respectively.
Therefore, the total labor force is 25 million + 3 million, which equals 28 million. It's important to note that discouraged workers and those who are not seeking employment are not considered part of the labor force.
So, the correct answer is 28 million.
Know more about the total labor force here:
https://brainly.com/question/30530324
#SPJ11
using demand-side and supply-side fiscal policy theories, explain how a tax cut could either increase or decrease the price level.
Demand-side fiscal policy theory posits that changes in government spending and taxation can affect aggregate demand in the economy, which in turn can impact the price level.
A tax cut can increase aggregate demand by increasing disposable income, which leads to higher consumption spending. Higher consumption spending leads to an increase in aggregate demand, which can result in inflationary pressure and higher prices.
On the other hand, supply-side fiscal policy theory posits that changes in taxes can affect the supply of goods and services in the economy, which in turn can affect the price level. A tax cut can increase incentives for individuals and firms to work and invest, which can lead to an increase in the supply of goods and services in the economy. This increased supply can put downward pressure on prices, resulting in lower inflation.
Learn more about “ government spending and taxation “ visit here;
https://brainly.com/question/13085027
#SPJ4
In traditional economic models, homo economicus refers to a decision maker who: Multiple Choice a makes frequent departures from rational choice and instead relies upon judgmental heuristics, or rules of thumb, to guide decisions. b is narrowly self-interested, well-informed, highly disciplined, and cognitively capable enough to solve optimization problems. c searches for relevant facts in a potentially haphazard way and who quits once his or her understanding has reached a certain threshold d lacks Impulse control and, as a result, may experience regret.
Answer:
In traditional economic models, homo economicus refers to a decision maker who is narrowly self-interested, well-informed, highly disciplined, and cognitively capable enough to solve optimization problems. Therefore, the correct answer is b.
the following facts apply to collins, an individual taxpayer, during the current year: hodge, who owed a $2,000 personal debt to collins for the past three years, declared bankruptcy. collins sold land used in his business for a $10,000 gain. the land was purchased five years ago. collins sold stock he inherited in june of the current year for a $3,000 gain. assuming no other sales transactions for the year, what will collins report on his current year tax return?
Collins will report a $10,000 gain from the sale of land used in his business on his current-year tax return. He will also report a $3,000 gain from the sale of inherited stock.
However, the $2,000 personal debt owed to him by Hodge that was discharged due to Hodge's bankruptcy will be considered as income and will need to be reported on his tax return as well. Therefore, he will need to report a total of $11,000 ($10,000 + $3,000 - $2,000) in gains on his current year tax return.
In summary, on his current year tax return, Collins will report a $2,000 short-term capital loss, a $10,000 long-term capital gain, and a $3,000 long-term capital gain.
To know more about tax return visit:
https://brainly.com/question/31825431
#SPJ11
when the price is greater than the minimum point of the average total cost curve, firms earn economic profits.T/F
Businesses make economic profits when the price is higher than the minimum point of the average total cost curve. This statement is false.
Economic profits are earned when the price of a product is greater than the minimum point of the average total cost (ATC) curve, but this is not always the case. In some situations, a firm may be earning accounting profits even when the price is lower than the minimum point of the ATC curve.
The ATC curve represents the average cost per unit of output, which includes both fixed and variable costs. The minimum point of the ATC curve represents the level of output at which the firm is producing at the lowest average cost per unit. If the price is above this minimum point, the firm is able to cover all of its costs and earn a profit.
However, even if the price is below the minimum point of the ATC curve, the firm may still be able to earn an accounting profit. This is because accounting profits only take into account explicit costs, such as wages, rent, and materials, and do not include implicit costs, such as the opportunity cost of the owner's time and investment in the business.
To learn more about economic profits
https://brainly.com/question/29585616
#SPJ4
How much can Jackie deduct from these expenses? Cab Fare Gratuity Meals Cover Charges Party | $ $ $ 350 150 2,000 $ 750
The deductibility of expenses depends on the nature of the expenses and the context in which they were incurred. Based solely on the information provided, it is not possible to determine how much of these expenses Jackie can deduct.
Deductibility refers to the ability to subtract certain expenses or losses from taxable income, reducing the amount of tax owed to the government. When an expense or loss is considered deductible, it means that the taxpayer can subtract its value from their gross income, resulting in a lower taxable income and a lower tax liability.
The deductibility of expenses and losses is determined by tax laws and regulations in each jurisdiction. Generally, expenses related to business operations, such as rent, utilities, and employee salaries, are deductible. Other deductible expenses may include charitable donations, mortgage interest payments, and certain medical expenses. However, it's important to note that not all expenses or losses are deductible.
To learn more about Deductible visit here:
brainly.com/question/29315256
#SPJ4
Complete Question:
Jackie owns a temporary employment agency that hires personnel to perform accounting services for clients. During the year, her expenses for her clients include the following: Cab fare to and from restaurants $ 350 Gratuity at restaurants 300 Meals 4,000 Cover charges 250 Jackie also held a holiday party for her employees, which cost $1,500. All expenses are reasonable. How much can Jackie deduct from these expenses? How much can Jackie deduct from these expenses? Cab Fare Gratuity Meals Cover Charges Party $ 350 150 2,000 $ $ 750
One of the disadvantages of the departmental and the plantwide overhead rate methods is that:.
Answer:
One of the disadvantages of the departmental and the plantwide overhead rate methods is that A. technological advances may decrease the effect of direct labor hours as a percentage of total manufacturing costs. B.technological advances may increase direct labor hours as a percentage of total manufacturing costs. C. direct labor hours may decrease the effect of technological advances. D. direct labor hours may increase the effect of technological advances.
prepaid health care plans that earn revenue from agreements to provide services record revenue when services are rendered.T/F
Prepaid healthcare plans are agreements between healthcare providers and customers where the customers pay upfront for healthcare services to be provided to them. Given statement is true
These plans generate revenue based on these agreements and record it when the services are rendered to the customers. This is in accordance with the revenue recognition principle, which requires revenue to be recognized when the services have been provided or the goods have been delivered. Since prepaid healthcare plans provide healthcare services to customers, their revenue is recognized when the services are rendered. This method of revenue recognition is important in ensuring accurate financial reporting and reflecting the true economic activity of the healthcare provider.
Learn more about “ Prepaid healthcare plans “ visit here;
https://brainly.com/question/28500813
#SPJ4
in a bilateral monopoly, how are wages and level of employment determined compared to the competitive labor market case? group of answer choices the level of employment will be found by a committee made up of members of the union, the corporation, and the city council. the level of employment and wage are determined by the intersection of the demand and supply of labor curves for the particular market case. there will be lower employment compared to a competitive market case, and wage will depend on whether the monopsony or union is stronger. the wage is determined by the union and the level of employment is defined by the firm with oversight by the state government.
In a bilateral monopoly, the level of employment and wage are determined by the intersection of the demand and supply of labor curves for the particular market case. However, compared to a competitive labor market case, there will be lower employment in a bilateral monopoly.
The wage will depend on whether the monopsony (the single buyer of labor) or the union is stronger. The union may negotiate for higher wages, while the monopsony may try to keep wages lower. The firm will define the level of employment, but there may be oversight by the state government to ensure fair labor practices.
In a bilateral monopoly, the level of employment and wage are determined by the intersection of the demand and supply of labor curves for the particular market case. There will be lower employment compared to a competitive market case, and wage will depend on whether the monopsony or union is stronger.
To know more about bilateral monopoly visit:-
https://brainly.com/question/28118724
#SPJ11
TRUE/FALSE. person-centered planning is an ongoing process, not just one meeting, an annual event or a specific document.
The given statement "person-centered planning is an ongoing process, not just one meeting, an annual event or a specific document" is true because person-centered planning is an ongoing process that involves the person with a disability, their family, and support network in identifying goals, dreams, and aspirations, as well as creating a plan to achieve them.
It is not just a one-time event or a specific document, but rather a continuous process of review and revision. Person-centered planning involves listening to the individual and their preferences, needs, and desires, and then working together to create a plan that reflects their unique perspective and helps them to achieve their goals.
This process may include regular check-ins, adjustments to the plan as needed, and ongoing support and encouragement from the individual's team. Ultimately, person-centered planning is about empowering individuals with disabilities to lead the lives they choose, and it requires ongoing commitment and collaboration from everyone involved.
For more about planning:
https://brainly.com/question/18266486
#SPJ4
A manufacturer of jewelry imitates the style of a popular and expensive brand using manufactured stones rather than real gemstones and lesser grade metals rather than silver and gold. The manufacturer packages the jewelry in boxes of the same color imprinted with an almost identical logo. About 85 percent of the company's sales are
through Internet sales. This example illustrates the competitive risk of (BLANK) that threatens companies that use the differentiation strategy.
a. customer sensitive to price differentials
b. threat by the cost leader
c. customer experience
d. counterfeiting
The example illustrates the competitive risk of counterfeiting that threatens companies that use the differentiation strategy. Counterfeiting refers to the production of counterfeit goods that imitate a brand's products and sell them under the same brand name, design, and packaging. Option D .
This can lead to a loss of reputation and revenue for the original brand. In the case of the jewelry manufacturer, the imitation of a popular and expensive brand's style can result in legal action, brand dilution, and a loss of customer trust. This is particularly significant for companies that use the differentiation strategy, as their value proposition is based on unique and high-quality products or services.
Learn more about competitive risk
https://brainly.com/question/31606197
#SPJ4
laura hall is preparing the materials purchases budget for the first quarter. the production manager has provided the following production budget information: january - 64100 units, february - 57800 units, march - 51000 units. each unit requires 6 gallons of direct materials, and laura wants to maintain an ending inventory equal to 10% of the next month's production needs. how many gallons will laura budget to purchase in february?
Laura should budgeted to purchase 312120 gallons of direct materials in February (346800 - beginning inventory - 34680 = 312120).
To calculate the amount of direct materials that Laura will need to purchase in February, we first need to determine the total amount of direct materials needed for January, February, and March.
Based on the production budget information provided, we can calculate that Laura will need:
January: 64100 units x 6 gallons per unit = 384600 gallons
February: 57800 units x 6 gallons per unit = 346800 gallons
March: 51000 units x 6 gallons per unit = 306000 gallons
Next, we need to calculate the desired ending inventory for February. Laura wants to maintain an ending inventory equal to 10% of the next month's production needs, which would be:
February production needs: 57800 units x 6 gallons per unit = 346800 gallons
Desired ending inventory: 10% of 346800 gallons = 34680 gallons
Finally, we can calculate the total amount of direct materials that Laura will need to purchase in February by subtracting the beginning inventory (which is not given in the question) and the desired ending inventory from the total direct materials needed for February:
Total direct materials needed for February: 346800 gallons
Desired ending inventory: 34680 gallons
Beginning inventory: not given
Therefore, Laura should budgeted to purchase 312120 gallons of direct materials in February (346800 - beginning inventory - 34680 = 312120).
To know more about budgeted visit
https://brainly.com/question/22665544
#SPJ11
FILL IN THE BLANK. 2008 was a bad year for markets worldwide. one of the worst hit was the icelandic exchange where shares priced dropped_______ in one day
The shares price dropped 77% in one day on the Icelandic exchange in 2008.
"Shares price" refers to the market value of a single share of stock in a particular company. It is determined by the buying and selling activity of investors in the stock market and is influenced by various factors such as company performance, economic conditions, and investor sentiment. Shares price can fluctuate over time and can be an important indicator of the health and performance of a company as well as the overall stock market.
Shares price refers to the value of a single share of a company's stock, which is determined by the supply and demand for that stock in the market.
To learn more about shares HERE
https://brainly.com/question/28452798
#SPJ4
Within a tqm approach, small work groups that meet periodically to discuss ways to improve functional areas and the quality of the product are called:.
They are called quality circles
a sales and operations plan for a manufacturing firm that centers on manufacturing rates and inventory holdings is
A sales and operations plan for a manufacturing firm that centers on manufacturing rates and inventory holdings is commonly known as a production plan.
The production plan is a strategic management tool that outlines the manufacturing rates and inventory levels required to meet customer demand over a specified period. The plan includes production targets, inventory targets, and procurement schedules to ensure that the right products are produced in the right quantities and at the right time.
The production plan is developed by analyzing historical sales data, market trends, and customer demand forecasts. It considers factors such as lead times, production capacity, and inventory costs to determine the most efficient manufacturing rates and inventory holdings.
Learn more about “ inventory holdings “ visit here;
https://brainly.com/question/30096288
#SPJ4
One of the defining characteristics of a perfectly competitive market is.
One of the defining characteristics of a perfectly competitive market is the presence of numerous small firms that have no market power to influence prices.
In a perfectly competitive market, all firms produce identical goods or services, and buyers have access to all relevant information about products and prices. This creates a level playing field where no single firm can control the market, leading to intense competition and low prices for consumers. In such a market, firms must continually innovate and improve to maintain their competitive edge.
The absence of barriers to entry also encourages new firms to enter the market, which further promotes competition. Ultimately, the hallmark of a perfectly competitive market is that it maximizes economic efficiency and benefits consumers.
To know more about competitive visit
https://brainly.com/question/13686157
#SPJ11
You wish to export certain high-tech consumer products to south korea. You are unsure of korean technical standards for the products and have no access to a local, reliable korean-english translator. You need a good english translation. What is a good place for you to check into obtaining one?
To export certain high-tech consumer products to the South Korea. You are unsure of Korean technical standards for the products and have no access to a local, reliable for Korean-English translator. You need a good English translation. A good place to check into obtaining one is "KATS".
The good place to check for obtaining a good English translation of Korean technical standards for your high-tech consumer products would be the website of the Korean Agency for Technology and Standards (KATS).
They provide information on technical regulations, standards, and conformity assessment procedures for the various products with including high-tech consumer products.
To know more about technical standards here,
https://brainly.com/question/15062670
#SPJ4
undue hardship is most often determined by looking at the employer's resources in relation to the specific accommodation requested. group of answer choices true false
True. Undue hardship is a legal term used in the context of accommodations for individuals with disabilities. It refers to an accommodation that would cause significant difficulty or expense for the employer.
To determine whether an accommodation would cause undue hardship, the employer must consider factors such as the cost of the accommodation, the size of the employer's business, and the resources available to the employer. Ultimately, whether an accommodation would cause undue hardship is determined on a case-by-case basis.
True, undue hardship is most often determined by looking at the employer's resources in relation to the specific accommodation requested.
To know more about cost of the accommodation visit:-
https://brainly.com/question/3418851
#SPJ11
grandparents place a continuous stream of $1,000 per year into a college fund which has a continuously compounding interest rate of 0.6%. what will be the value of this continuous stream after 18 years?
After 18 years, the continuous stream of $1,000 per year with a continuously compounding interest rate of 0.6% will have a value of approximately $1,114.20.
To calculate the value of this continuous stream after 18 years, we can use the formula for continuous compounding:
A = Pe^(rt)
where A is the final amount, P is the initial principal, e is Euler's number (approximately 2.71828), r is the interest rate, and t is the time in years.
In this case, P = $1,000, r = 0.6%, and t = 18. We first need to convert the interest rate to a decimal by dividing by 100:
r = 0.6/100 = 0.006
Plugging in the values, we get:
A = $1,000 * e^(0.006 * 18)
A = $1,000 * e^(0.108)
A = $1,000 * 1.1142
A = $1,114.20
Therefore, after 18 years, the continuous stream of $1,000 per year with a continuously compounding interest rate of 0.6% will have a value of approximately $1,114.20.
Know more about compounding interest rates here:
https://brainly.com/question/28020457
#SPJ11
imagine a country sends its troops across the ocean to seize control of another territory. it sends people to live there and to start businesses there, all while controlling the economies and governance of the territory. this is best an example of
Imagine a country sends its troops across the ocean to seize control of another territory. It sends people to live there and to start businesses there, all while controlling the economies and governance of the territory. This is best an example of colonialism.
The practice of colonialism involves a nation controlling people or territories, frequently through establishing colonies, usually for strategic and economic gain. Although colonialism has been around since antiquity, the term has the strongest connection with the European colonial era, which began in the 15th century with the establishment of some European states' colonial empires.
Initially, European colonizing nations used mercantilist tactics intended to boost the domestic economy; as a result, agreements frequently forbade the colony from engaging in trade with anybody other than the metropole (mother country). By the middle of the nineteenth century, the British Kingdom had abandoned mercantilism and trade barriers and had embraced the idea of free commerce with few barriers and tariffs.
Learn more about Commerce here:
https://brainly.com/question/1064611
#SPJ4
What type of business entity has the legal authority to emit stock certificates?.
A corporation is the type of business entity that has the legal authority to emit stock certificates.
A corporation is a legal entity that is separate from its owners, and it has the ability to issue stocks to investors in exchange for ownership in the company. The issuance of stock certificates is a formal way of documenting this ownership, and it also provides investors with a tangible asset that they can trade or transfer to others.
A corporation is a type of business entity that is legally separate from its owners and has the ability to issue stock certificates. This allows the corporation to raise capital by selling ownership shares to investors, who then become shareholders.
To know more about Corporation visit:-
https://brainly.com/question/28333410
#SPJ11
a seller receives total revenue of $30 when he sells 10 customized pencils at $3 each. if he reduces the price of his pencils to $2.80, he can sell 11 customized pencils, making his total revenue equal to $30.80. what is the marginal revenue of a pencil when the price falls from $3 to $2.80?
The marginal revenue of a pencil, when the price falls from $3 to $2.80, is $0.80.
To find the marginal revenue of a pencil when the price falls from $3 to $2.80, we need to calculate the change in total revenue resulting from the sale of one additional pencil.
At $3 per pencil, the seller's total revenue for selling 10 pencils is $30.
When the price drops to $2.80 per pencil, the seller is able to sell one more pencil, bringing the total number of pencils sold to 11. T
he total revenue from selling these 11 pencils is $30.80.
The change in revenue from selling the 11th pencil is:
$30.80 - $30 = $0.80
Therefore, the marginal revenue of a pencil when the price falls from $3 to $2.80 is $0.80.
In other words, for every additional pencil sold when the price drops from $3 to $2.80, the seller earns an extra $0.80 in revenue.
Know more about marginal revenue here:
https://brainly.com/question/13444663
#SPJ11
A series of measures approved by Congress during the 1780s defined the terms by which western land would be marketed and settled. The survey of western lands divided land into successively smaller units, to be sold by the federal government to private buyers. Order the units by size, from largest to smallest.
Answer:
1. Townships
2. Sections
3. Quarter Sections
Explanation:
During the 1780s, the United States Congress approved a series of measures, including the Land Ordinance of 1785, to define the terms by which western land would be marketed and settled. The survey of western lands utilized the Public Land Survey System (PLSS) to divide land into successively smaller units. The units, ordered from largest to smallest, are as follows:
Townships: A township is a square tract of land measuring six miles on each side, making it 36 square miles in total. Townships were further divided into 36 smaller units called sections.
Sections: Each section is a square tract of land measuring one mile on each side, making it one square mile or 640 acres in total. Sections could be further divided into smaller units, such as quarter sections.
Quarter Sections: A quarter section is a square tract of land measuring half a mile on each side, making it 1/4 of a square mile or 160 acres in total. This was a common size for land grants and sales during the settlement of the western territories.
