Debt collectors are required to follow the guidelines set forth by the FDCPA and any other applicable state or federal laws.
First of all, it is important to note that the Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates the practices of debt collectors and provides protection for consumers against abusive, unfair, and deceptive debt collection practices.
Now, to answer your question, it is important to understand that none of the debt collection practices mentioned in your question would be legal under the FDCPA.
Using physical force on a debtor to recover a debt is absolutely illegal under the FDCPA and any other state or federal law.
Debt collectors are not allowed to use physical force, threats, or intimidation to collect debts.
Making repeated phone calls to a debtor with the intent to harass the debtor is also illegal under the FDCPA. Debt collectors are not allowed to call debtors at unreasonable hours, make repeated calls to annoy or harass them or use abusive or profane language.
Contacting third parties to locate a debtor is not illegal under the FDCPA, but debt collectors are not allowed to disclose the purpose of their call or the fact that the debtor owes a debt.
They are only allowed to ask for the debtor's contact information.
Contacting a debtor in an unfair, abusive, or deceptive manner is also illegal under the FDCPA.
This includes making false or misleading statements, misrepresenting the amount or nature of the debt, or threatening to take legal action that cannot be taken.
Know more about FDCPA here:
https://brainly.com/question/25731182
#SPJ11
Cognitive ability tests are very reliable and valid measures of job performance (r= 0.51). Cognitive ability tests normally assess reasoning, verbal ability. and quantitative ability. A recent survey, how ever, found that 71 percent of the 2661 employers sampled valued emotional intelligence (EI) over cognitive ability. EI assesses a person's ability to accurately perceive emotions in themselves and others; and to be aware of how their emotions shape their thinking, decisions, and coping mecha nisms; their ability to understand and analyze their emotions, and their ability to regulate their emo tions. El correlates with job performance at a much lower level, r.30 at most, and in many cases the specific measure of EI does not correlate with job performance. Still, the survey found that 59 per cent of the employers would not hire someone with high cognitive ability but low EI. 75 percent said they would promote someone with high El over someone with a lower value of EI. When asked why emotional intelligence is more important than high IQ, employers said (in order of importance) high El employees:
a. are more likely to stay calm under pressure,
b. know how to resolve conflict effectively,
c. are empathetic to their team members and react accordingly,
4. Discuss in teams or in pairs a personal experience of a hiring situation, either one in which you perceived the procedure to be unfair and/or lacking rigor, or one which you considered highly professional, state-of-the art, leaving you feeling good. Relate those experiences to the concepts discussed in this chapter (e.g., reli ability, validity, fairness, legal defensibility).
EMOTIONAL INTELLIGENCE OR COGNITIVE ABILITY?
d. lead by example, and
e. tend to make more thoughtful busi ness decisions.
In discussing the survey results, Rosemary Haefner, vice-president of human resources at CareerBuilder, the organization that carried out the survey said, "The competitive job market allows employers to look more closely at the intangible qualities that pay dividends down the road-like skilled communicators and perceptive team players. Technical competency and intelligence are important assets for every worker, but when it's down to you and another candidate for a promotion or new job, dynamic interpersonal skills will set you apart. In a recovering economy, employers want people who can effectively make decisions in stressful situations and can empathize with the needs of their colleagues and clients to deliver the best results."
Questions
Argue for using both El and cognitive ability tests in employee selection. What would each uniquely contribute to improving selection decisions?
Emotional Intelligence (EI) and cognitive ability tests can both be used to improve employee selection decisions. Cognitive ability tests assess a candidate's reasoning ability, verbal ability, and quantitative ability.
EI tests assess a candidate's ability to accurately perceive emotions in themselves and others, understand and analyze their emotions, and regulate their emotions.Both cognitive ability tests and EI tests can be used to make selection decisions.
In some cases, cognitive ability may be more important than EI, such as in positions that require a high level of technical knowledge. In other cases, EI may be more important than cognitive ability, such as in positions that require strong interpersonal skills.
In order to make effective selection decisions, it is important to consider both cognitive ability and EI. Cognitive ability tests can help to identify candidates who have the technical knowledge and skills necessary for a particular position.
EI tests can help to identify candidates who have the emotional intelligence necessary to work effectively with others and make thoughtful business decisions.
To know more about business visit:
https://brainly.com/question/13160849
#SPJ11
colgate invests in new products. colgate total advanced gum defense toothpaste is an example of
Colgate Total Advanced Gum Defense Toothpaste is an example of product innovation by Colgate.
Colgate Total Advanced Gum Defense Toothpaste is a new product by Colgate that focuses on improving gum health. It contains an advanced formula that helps to prevent and reduce gum problems such as bleeding, inflammation, and sensitivity. This toothpaste is an example of product innovation by Colgate, which is the process of developing and introducing new products to the market. By investing in product innovation, Colgate is able to stay ahead of its competitors, meet the changing needs of its customers, and grow its market share. In addition, product innovation allows Colgate to increase its revenue and profitability by introducing new and improved products that are in high demand. Overall, Colgate Total Advanced Gum Defense Toothpaste is a great example of how product innovation can benefit both companies and consumers alike.
Learn more about Toothpaste here
https://brainly.com/question/13465761
#SPJ11
he asset demand for money is most closely related to money functioning as a multiple choice measure of value. store of value. unit of account. medium of exchange.
The asset demand for money is most closely related to money functioning as a store of value. This means that people hold money as a way to store their wealth and savings.
The relationship between money's functions and asset demand. Money serves four primary functions: it is a medium of exchange, a unit of account, a store of value, and a standard of deferred payment.
The asset demand for money refers to the demand for money as an asset, rather than simply a means of exchange. When money is functioning as a store of value, people demand money as an asset because they believe it will retain its value over time. This is especially true during times of economic uncertainty or inflation when other assets, such as stocks or bonds, may be more volatile or risky.
In contrast, when money is functioning as a medium of exchange, people demand it primarily to facilitate transactions. This demand is more closely related to money's function as a measure of value, which enables people to compare the relative worth of different goods and services.
Overall, the asset demand for money is most closely related to money functioning as a store of value, but this demand is shaped by the other functions of money and the broader economic context.
Learn more about money: https://brainly.com/question/2696748
#SPJ11
will pay a dividend of $7 for each of the next 3 years, $8 for each of the years 4-6, $9 for each of the years 7-9, and a dividend of $10 for year 10. thereafter, the company will pay no dividends. if you require 13 percent rate of return on investments in this risk class, how much is this stock worth to you?
The present value of the stock's dividends is $59.69. This is the stock's worth to you.
To find the worth of this stock, you need to calculate the present value of all its dividends. We can do this by discounting each dividend back to the present time using the required rate of return (13%).
For years 1-3: PV1 = $7/(1.13)^1, PV2 = $7/(1.13)^2, PV3 = $7/(1.13)^3
For years 4-6: PV4 = $8/(1.13)^4, PV5 = $8/(1.13)^5, PV6 = $8/(1.13)^6
For years 7-9: PV7 = $9/(1.13)^7, PV8 = $9/(1.13)^8, PV9 = $9/(1.13)^9
For year 10: PV10 = $10/(1.13)^10
Add up all the present values (PV1 to PV10) to find the total present value of the stock's dividends, which is $59.69. This is the stock's worth to you given the required rate of return.
To know more about the stock visit:
https://brainly.com/question/28342542
#SPJ11
Shares of Hot Donuts common stock are currently selling for $32.35. The last annual dividend paid was $1.25 per share and the market rate of return is 10.7 percent. At what rate is the dividend growing?
To calculate the dividend growth rate for Hot Donuts common stock, we'll use the Gordon Growth Model (Dividend Discount Model). Here's a step-by-step explanation:
1. Identify the required information from the question:
- Current stock price (P0) = $32.35
- Last annual dividend paid (D0) = $1.25
- Market rate of return (required rate of return, r) = 10.7%
2. Apply the Gordon Growth Model formula: P0 = D1 / (r - g)
- We need to find the expected dividend growth rate (g)
3. We'll first find the expected next annual dividend (D1) by multiplying the last annual dividend (D0) by (1 + g). So, D1 = D0 * (1 + g)
4. Now, substitute the known values in the formula: $32.35 = D1 / (0.107 - g)
5. Substitute D1 with the expression from step 3: $32.35 = (1.25 * (1 + g)) / (0.107 - g)
6. Solve the equation for g. You can use an algebraic method or numerical methods such as iteration or a financial calculator to solve it.
Upon solving, you'll find the dividend growth rate (g) for Hot Donuts common stock.
Know more about dividend growth rate here:
https://brainly.com/question/18650705
#SPJ11
when a broker-dealer maintains an inventory in a particular stock and trades that stock in the otc market, it is acting as
When a broker-dealer maintains an inventory in a particular stock and trades that stock in the OTC market, it is acting as a market maker.
A market maker is a financial institution that maintains a standing bid and ask price in a particular security, providing liquidity in the market.
By buying and selling the stock on a regular basis, market makers ensure that there is always a supply of the stock available for buyers and sellers, thus providing a more efficient market for the investors.As a market maker, the broker-dealer takes on the risk of holding inventory in the stock, as the value of the stock may fluctuate. The market maker also earns a spread between the bid and ask price, which serves as compensation for providing liquidity to the market. However, there are regulations in place to prevent market makers from manipulating the market, such as the requirement to quote prices that are reasonably related to the prevailing market price.In summary, a broker-dealer that maintains an inventory in a particular stock and trades that stock in the OTC market is acting as a market maker, providing liquidity to the market and earning a spread between the bid and ask price.Know more about the market maker
https://brainly.com/question/29343797
#SPJ11
your customer, eleanor, purchased an indebt, inc., 5% debenture at a price of 94. it matures in 12 years. what is the yield to maturity
The yield to maturity for Eleanor's Indebt, Inc. 5% debenture, purchased at a price of 94 and maturing in 12 years, is approximately 5.46%.
To calculate the yield to maturity (YTM), we need to consider the bond's purchase price, par value, coupon rate, and time to maturity.
In this case, the purchase price is 94, the par value is assumed to be 100, the coupon rate is 5%, and the bond matures in 12 years.
You can use a financial calculator or a spreadsheet to compute the YTM, taking these factors into account. In this instance, the YTM is approximately 5.46%.
Summary: The yield to maturity for Eleanor's 5% debenture from Indebt, Inc., purchased at a price of 94 and with a 12-year maturity, is approximately 5.46%.
Learn more about price click here
https://brainly.com/question/26008313
#SPJ11
Products that are customized only at the very end of the manufacturing process are known as:
A) make-to-stock.
B) assemble-to-order.
C) make-to-order.
D) engineer-to-order.
The correct answer is B) assemble-to-order. Products that are customized only at the very end of the manufacturing process are known as: assemble-to-order.
"Make-to-stock" refers to products that are produced in large quantities in advance, based on anticipated demand, and then stored in inventory until a customer places an order.
"Make-to-order" refers to products that are manufactured based on a specific customer's order and specifications.
"Engineer-to-order" refers to highly customized products that are designed and built to meet a specific customer's unique requirements.
"Assemble-to-order" refers to products that are partially completed in advance but are customized only at the very end of the manufacturing process to meet a specific customer's requirements. This approach combines the efficiency of mass production with the flexibility of customization, allowing companies to offer a wide range of product configurations while still maintaining low inventory levels.
Visit to know more about Assemble - to - order:-
brainly.com/question/14698669
#SPJ11
you've estimated the following cash flows (in $) for a project: year cash flow 0 -50,000 1 115,000 2 -60,000 the required return for the project is 15%. attempt 1/20 for 1.5 pts. part 1 what is the mirr for the project?
The MIRR for the project is 18.68%.
To calculate the Modified Internal Rate of Return (MIRR) for the project, we first need to determine the future value of the positive cash flows and the present value of the negative cash flows at the required rate of return.
Future value of the positive cash flows:
Year 1: FV1 = 115,000 x (1 + 0.15) = 132,250
Year 2: FV2 = -60,000 x (1 + 0.15)^2 = -78,390
Present value of the negative cash flow:
Year 0: PV0 = -50,000
Next, we can calculate the MIRR using the formula:
MIRR = ((FV of positive cash flows / PV of negative cash flows)^(1/n)) - 1
where n is the number of years in the project (in this case, n = 2).
MIRR = ((132,250 - 78,390) / 50,000)^(1/2) - 1
MIRR = 0.1868 or 18.68%
Click the below link, to learn more about Modified Internal Rate of Return:
https://brainly.com/question/29569213
#SPJ11
the new international division of labor (nidl) is characterized by the following:
The new international division of labor (NIDL) is characterized by a global economic system in which labor is divided among different countries based on their comparative advantages.
The NIDL has transformed the global economy by creating new opportunities for both developed and developing countries.
Developed countries have been able to outsource low-value and labor-intensive activities to developing countries, which has allowed them to focus on more high-value and high-skilled activities, leading to economic growth and increased competitiveness. Developing countries, on the other hand, have been able to attract foreign direct investment and gain access to technology, which has enabled them to improve their economic performance and create jobs.Know more about the international division of labor
https://brainly.com/question/30696079
#SPJ11
website traffic that comes from clicking on the organic search results on a search engine is
Website traffic that comes from clicking on the organic search results on a search engine is called organic traffic.
Organic traffic refers to visits to a website that come from unpaid search engine results rather than from paid advertising. When a user enters a search query into a search engine, the search engine returns a list of results that are relevant to the query. Organic traffic comes from clicks on these organic search results, which are not influenced by paid advertising or other forms of promotion.
Organic traffic can be a valuable source of traffic for websites because it is generally more targeted and relevant than other forms of traffic. Users who click on organic search results are often actively searching for information or solutions related to the topic of the search query, which means that they are more likely to engage with the website's content and potentially convert into customers or clients.
Visit to know more about Website traffic:-
brainly.com/question/30052464
#SPJ11
the point at which individual computers and business networks connect to the isp is called the
The point at which individual computers and business networks connect to the ISP (Internet Service Provider) is called the "point of presence" (POP)
A POP is a physical location that serves as an access point for users to connect to the internet via an ISP. It is typically a data center or a network facility that houses servers, routers, and other network equipment. From the POP, data is routed to the ISP's network backbone, which connects to other networks and ultimately to the internet. POPs are strategically located in various geographic locations to ensure fast and reliable internet connectivity for users in those areas. ISPs may have multiple POPs to provide redundancy and failover capabilities in case of network outages or congestion.
for more such questions on business
https://brainly.com/question/24553900
#SPJ11
Which of the following is not a dimension of service quality?
a. Tangibles
b. Reliability
c. Responsiveness
d. Assurance
e. Sympathy
The correct answer is (e) Sympathy.The dimensions of service quality are the key attributes that customers use to evaluate service quality.
The most commonly used dimensions of service quality are:
a. Tangibles: Physical facilities, equipment, and appearance of personnel.
b. Reliability: Ability to perform the promised service dependably and accurately.
c. Responsiveness: Willingness to help customers and provide prompt service.
d. Assurance: Knowledge and courtesy of employees and their ability to inspire trust and confidence.
These dimensions were originally identified by A. Parasuraman, Valarie A. Zeithaml, and Leonard L. Berry in their SERVQUAL model, which is widely used to measure service quality.
learn more about service here:brainly.com/question/30418810
#SPJ11
persuasive messages are directed to others who resist your ideas, products, or services. T/F
The statement "persuasive messages are directed to others who resist your ideas, products, or services." is True.
A persuasive message is intended to influence a person's attitudes, beliefs, or behavior, especially when there is initial resistance to a particular idea, product, or service. The purpose of the message is to persuade the recipient to take a desired action or a particular stance.
For example, salespeople can use persuasive messages to persuade prospects to purchase products and services. Similarly, politicians can use persuasive messages to persuade voters to support a particular policy or candidate. Persuasive messages come in many forms, including advertising, marketing, public relations, and personal sales. The effectiveness of a persuasive message depends on several factors, including the credibility of the sender, the clarity of the message, and the relevance of the message to the recipient's needs and interests. Additionally, a persuasive message should consider the audience's values, beliefs, and attitudes and be designed to align with the audience's perspective and motivations.
for more such questions on products
https://brainly.com/question/25922327
#SPJ11
in most markets, scarce goods or services are rationed among competing users using:
In most markets, scarce goods or services are rationed among competing users using prices. The price of a good or service serves as a signal to both buyers and sellers about the relative scarcity of that item.
When demand for a good or service exceeds its supply, its price tends to rise, which encourages suppliers to produce more and buyers to consume less, thereby bringing the market back towards equilibrium. On the other hand, when supply exceeds demand, the price tends to fall, which encourages buyers to consume more and suppliers to produce less, also bringing the market towards equilibrium. This rationing function of prices is a key feature of market economies and helps allocate scarce resources to their most efficient uses. In some cases, governments may intervene in markets to try to ration scarce goods or services using methods other than prices, such as through a lottery system or through administrative allocation, but these methods are generally less efficient and effective than price rationing.
Learn more about buyers here
https://brainly.com/question/29988302
#SPJ11
Phil Frugal has been saving his pennies since he was 5 years old. He is now 45 and deposits his savings in a bank. His pennies total $5000. Using this information and your knowledge of the banking system, place both the definition and dollar amounts below in their appropriate category. Assume a required reserve ratio of 10%.
Determine required/excess/reserves
Phil Frugal's savings of $5000 in a bank would result in required reserves of $500, excess reserves of $4500, and total reserves of $5000.
Banks are required by law to hold a certain percentage of their deposits as reserves, which are funds that cannot be loaned out to customers or invested in other assets. This reserve requirement is set by the Federal Reserve, and the current required reserve ratio for banks is 10%.
With this in mind, we can calculate the required reserves for Phil Frugal's savings. If he deposits all $5000 of his pennies into a bank, the bank must hold 10% of that amount in reserves. So, the required reserves for Phil Frugal's savings would be:
Required reserves = $5000 x 0.10 = $500
This means that the bank must hold $500 of Phil Frugal's savings in reserves, and cannot use that money for loans or other investments.
Now, we can calculate the excess reserves for Phil Frugal's savings. Excess reserves are any reserves that a bank holds above and beyond the required amount. Banks can choose to hold more reserves than required for various reasons, such as to protect against unexpected withdrawals or to have more funds available for lending.
To calculate the excess reserves for Phil Frugal's savings, we need to subtract the required reserves from the total deposits:
Excess reserves = $5000 - $500 = $4500
This means that the bank has $4500 of Phil Frugal's savings available for lending or other investments.
Finally, we can calculate the total reserves for Phil Frugal's savings, which is simply the sum of the required and excess reserves:
Total reserves = $500 + $4500 = $5000
This means that the bank is holding $5000 of Phil Frugal's savings in reserves and has the option to use $4500 of those funds for loans or other investments.
In summary, Phil Frugal's savings of $5000 in a bank would result in required reserves of $500, excess reserves of $4500, and total reserves of $5000.
To know more about savings , refer
https://brainly.com/question/25787382
#SPJ11
Upon the death of the majority stockholder in a corporation, direct control may pass to:
a. an heir's dependents.
b. an executor.
c. the founder of the firm.
d. employees as directed by an employee stock ownership plan.
Upon the death of the majority stockholder in a corporation, direct control may pass to an heir's dependent. This right is exercised through an executor responsible for settling the stocks of the deceased stockholder, The correct option is (A).
Upon death, direct control may pass to the majority stockholder's heirs or beneficiaries as designated in their estate plan. The deceased shareholder's rights will be administered by his or her executors (if there is a will) or administrators of the estate if the shareholder has died intestate. (Executors and administrators are collectively known as 'personal representatives'). These executors may temporarily have control over the shares until they are distributed to the appropriate heirs or beneficiaries. If there is no designated beneficiary or executor, the shares may be distributed according to the laws of the state where the corporation is incorporated. Therefore, the correct option is (A).
To learn more about Stocks, visit: https://brainly.com/question/18523103
#SPJ11
What effect does a stock split have on retained earnings, common stock, APIC, and total stockholder's equity?
A stock split does not impact the total stockholder's equity or retained earnings, but it does affect common stock and additional paid-in capital (APIC) accounts.
When a company undergoes a stock split, the number of outstanding shares increases, but the overall market value of the company remains unchanged.
Know more about the additional paid-in capital (APIC)
https://brainly.com/question/30764967
#SPJ11
daniels transport has operating income of $68,200, interest expense of $210, dividends paid of $320, depreciation of $12,400, other income of $2,100, common stock of 48,500 shares, and retained earnings of $29,700. what is the earnings per share if the tax rate is 21 percent? group of answer choices $1.21 $.82 $1.14 $1.33 $.96
The earnings per share for Daniels Transport is $1.14. To calculate the earnings per share, we need to first find the net income. We can do this by subtracting the interest expense, dividends paid, and depreciation from the operating income, and adding the other income.
Operating Income = $68,200
Interest Expense = $210
Dividends Paid = $320
Depreciation = $12,400
Other Income = $2,100
Net Income = Operating Income - Interest Expense - Dividends Paid - Depreciation + Other Income
Net Income = $68,200 - $210 - $320 - $12,400 + $2,100
Net Income = $57,370
Now, we can calculate the earnings per share by dividing the net income by the number of common shares outstanding.
Number of Common Shares Outstanding = 48,500
Earnings Per Share = Net Income / Number of Common Shares Outstanding
Earnings Per Share = $57,370 / 48,500
Earnings Per Share = $1.18
However, we need to adjust this for the tax rate of 21%.
Tax Rate = 21%
Tax Expense = Net Income * Tax Rate
Tax Expense = $57,370 * 0.21
Tax Expense = $12,048.70
Adjusted Net Income = Net Income - Tax Expense
Adjusted Net Income = $57,370 - $12,048.70
Adjusted Net Income = $45,321.30
Adjusted Earnings Per Share = Adjusted Net Income / Number of Common Shares Outstanding
Adjusted Earnings Per Share = $45,321.30 / 48,500
Adjusted Earnings Per Share = $0.935
Therefore, the earnings per share for Daniels Transport with a tax rate of 21% is $0.935 or approximately $0.94. The answer choices provided do not match this value, so it appears there may be an error in the question or answer choices.
To calculate the earnings per share (EPS) for Daniels Transport, follow these steps:
1. Calculate the net income:
Operating income: $68,200
Interest expense: -$210
Other income: +$2,100
Subtotal: $68,200 - $210 + $2,100 = $70,090
2. Calculate the taxes:
Tax rate: 21%
Taxes: $70,090 * 0.21 = $14,719
3. Calculate the net income after taxes:
Net income after taxes: $70,090 - $14,719 = $55,371
4. Calculate the earnings per share (EPS):
Number of common shares: 48,500
EPS: $55,371 / 48,500 = $1.14
Therefore, the earnings per share for Daniels Transport is $1.14.
For more information on depreciation visit:
brainly.com/question/30531944
#SPJ11
if 1000 dollars is invested at an annual interest rate of 12 percent compounded monthly, how many full months must go by for this investment to triple in value?
Thus, it will take approximately 89.44 months, or 7 years and 5 months, for the investment to triple in value with an annual interest rate of 12 percent compounded monthly.
To determine the number of full months required for an investment of 1000 dollars to triple in value with an annual interest rate of 12 percent compounded monthly, we need to use the formula for compound interest.
The formula for compound interest is:
A = P (1 + r/n)^(nt)
Where A is the amount of money after t years, P is the principal (initial investment), r is the annual interest rate (in decimal form), n is the number of times interest is compounded per year, and t is the time in years.
In this case, we want to find out how many full months are required for the investment to triple in value, so we can use the formula as follows:
3000 = 1000 (1 + 0.12/12)^(12t/12)
Dividing both sides by 1000, we get:
3 = (1 + 0.01)^t
Taking the natural logarithm of both sides, we get:
ln(3) = t ln(1.01)
Dividing both sides by ln(1.01), we get:
t = ln(3)/ln(1.01)
Using a calculator, we get:
t ≈ 89.44
Know more about the annual interest rate
https://brainly.com/question/30500391
#SPJ11
capabilities develop into core competencies that can serve as the source of competitive advantage when:
Capabilities can develop into core competencies that can serve as a source of competitive advantage when they are rare, valuable, difficult to imitate, and not easily substitutable.
Rarity refers to the uniqueness of the capability within the industry or market. A capability that is possessed by only a few firms is more likely to be a source of competitive advantage.
Value refers to the ability of the capability to create value for customers and/or reduce costs for the firm. A capability that improves the customer experience or lowers production costs can contribute to competitive advantage.
Imitability refers to the difficulty that competitors face in replicating the capability. A capability that is difficult to copy can provide a sustained competitive advantage.
Substitutability refers to the ease with which a competitor can replace the capability with an alternative. A capability that has no viable substitutes can serve as a strong source of competitive advantage.
Therefore, when a firm's capabilities possess these characteristics and develop into core competencies, they can be leveraged to create a sustainable competitive advantage, which can lead to higher profits and market share.
Learn more about Capabilities here
https://brainly.com/question/30433064
#SPJ11
if society decides it wants more of one good and all resources are fully utilized, then A) it is unable to do this unless technology advances.B) additional resource supplies will have to be found.C) it has to give up some of another good and incur some opportunity costs.D) more unemployment will occur.
If society decides it wants more of one good and all resources are fully utilized, then it has to give up some of another good and incur some opportunity costs (C).
This scenario illustrates the concept of opportunity cost, which refers to the cost of forgoing the next best alternative. When all resources are fully utilized, producing more of one good requires diverting resources away from producing another good. The opportunity cost of producing more of the desired good is therefore the amount of the other good that must be sacrificed.
For example, if society wants to produce more cars, it may have to sacrifice some of its production of trucks. The opportunity cost of producing more cars is the number of trucks that must be foregone. This is because the same resources used to produce trucks are now being used to produce cars. The opportunity cost of the cars is therefore the foregone production of trucks.
In summary, if society decides it wants more of one good and all resources are fully utilized, it must give up some of another good and incur some opportunity costs. This is because resources are limited and have alternative uses, and producing more of one good necessarily requires giving up some of another.
Learn more about resources here
https://brainly.com/question/12748073
#SPJ11
During 2021, it cost Waterway, Inc. $14 per unit to produce part 15. During 2022, it has increased to $19 per unit. In 2022, Oriole Company has offered to provide Part T5 for $11 per unit to Waterway. As it pertains to the make-or-buy decision, which statement is true? a Incremental revenues are $5 per unit. b Incremental costs are $3 per unit. c Net relevant costs are $3 per unit. d Differential costs are $8 per unit.
Differential costs are $8 per unit. The correct answer is d.
Make-or-buy decisions involve determining whether to produce a product in-house or to purchase it from an external supplier. In this scenario, Waterway, Inc. is currently producing Part 15 at a cost of $14 per unit. In 2022, Oriole Company has offered to provide Part T5 for $11 per unit.
To determine whether Waterway should make or buy Part T5, the relevant costs should be compared. The relevant cost of making Part T5 is the incremental cost of producing it, which is the difference between the new cost of producing Part 15 ($19 per unit) and the old cost ($14 per unit). Therefore, the incremental cost of producing Part T5 is $5 per unit.
The relevant cost of buying Part T5 is the cost of purchasing it from Oriole Company ($11 per unit). The differential cost between the two options is the difference between the cost of making and the cost of buying, which is $8 per unit ($11 - $3). Therefore, the correct answer is d. Differential costs are $8 per unit.
To know more about revenues, here
https://brainly.com/question/27325673
#SPJ4
political instability abroad suppose that political instability in other countries makes people fear for the value of their assets in these countries so that they desire to purchase more u.s assets. refer to political instability abroad. what would the change in the exchange rate make happen to u.s. net exports and u.s. aggregate demand?
An increase in the exchange rate due to political instability abroad would lead to an increase in U.S. net exports and an increase in U.S. aggregate demand.
When there is political instability abroad, people may become uncertain about the value of their assets in foreign countries. This can cause them to sell their foreign assets and buy more U.S. assets, such as U.S. stocks and bonds. This increased demand for U.S. assets will cause an increase in the demand for U.S. dollars, which will cause the exchange rate to appreciate (increase) relative to other currencies.
As the exchange rate increases, U.S. exports become more expensive to foreign buyers, which may lead to a decrease in U.S. exports. However, at the same time, U.S. imports become relatively cheaper for U.S. buyers, which may lead to an increase in U.S. imports. Overall, the increase in demand for U.S. assets is likely to lead to an increase in U.S. net exports.
An increase in U.S. net exports will cause an increase in U.S. aggregate demand, as exports are a component of aggregate demand. Additionally, the increase in demand for U.S. assets will lead to an increase in the demand for U.S. dollars, which can cause an increase in U.S. interest rates. Higher interest rates can stimulate investment and consumption spending, further increasing U.S. exchange rateexchange rate.
Learn more about exchange rate here
https://brainly.com/question/2202418
#SPJ11
in september, numbers incorporated sold 45,000 units of its only product for $284,000, and incurred a total cost of $265,000, of which $29,000 was fixed costs. the flexible budget for september showed total sales of $340,000. among variances of the period were: total variable cost flexible-budget variance, $8,500u; total flexible-budget variance, $71,000u; and, sales volume variance, in terms of contribution margin, $31,000u. the sales volume variance, in terms of operating income, for september was:
The sales volume variance in terms of operating income for September was $58,800.
To calculate the sales volume variance in terms of operating income, we need to first calculate the flexible budget operating income, actual operating income, and the flexible budget operating income based on the actual units sold.
Flexible budget operating income = Total sales - Total flexible budget costs
Flexible budget operating income = $340,000 - ($265,000 - $8,500) = $83,500
Actual operating income = Total sales - Actual total costs
Actual operating income = $284,000 - $265,000 = $19,000
Flexible budget operating income based on actual units sold = Actual units sold * Budgeted contribution margin per unit - Actual total fixed costs
Flexible budget operating income based on actual units sold = 45,000 * ($340,000 / 45,000 - ($265,000 - $29,000) / 45,000) - ($265,000 - $29,000) = $77,800
Sales volume variance in terms of operating income = Flexible budget operating income based on actual units sold - Actual operating income
Sales volume variance in terms of operating income = $77,800 - $19,000 = $58,800
Therefore, the sales volume variance in terms of operating income for September was $58,800.
Learn more about operating income
https://brainly.com/question/31421166
#SPJ4
the main purpose of the antitrust laws is question 64 options: to regulate natural monopolies. to prevent the monopolization of industries. to encourage firms to produce where p > mc. to eliminate both negative and positive externalities.
The main purpose of the antitrust laws is to prevent the monopolization of industries. Option B is answer.
Antitrust laws are designed to promote fair competition and prevent the concentration of market power in the hands of a single company or a few dominant players. Their primary objective is to ensure that markets remain competitive, allowing for a level playing field among businesses and preventing monopolistic practices.
By prohibiting anti-competitive behaviors such as price fixing, collusion, and abuse of market dominance, antitrust laws aim to protect consumer welfare, encourage innovation, and promote economic efficiency. The goal is to foster a competitive marketplace where multiple firms can thrive and provide consumers with choices and benefits.
Option B is answer.
You can learn more about antitrust laws at
https://brainly.com/question/13800256
#SPJ11
T or F: Preferred stock has more voting power and, as such, greater control over the management of the company.
False. Preferred stock generally does not have more voting power or greater control over the management of the company compared to common stock. In fact, preferred stock typically does not carry any voting rights.
Shareholders who own preferred stock receive priority when it comes to dividend payments and claim on the company's assets in case of bankruptcy, but they typically do not have the power to influence the company's management decisions.
Common stock, on the other hand, usually provides shareholders with voting rights, allowing them to participate in key decisions, such as electing members of the board of directors or voting on significant corporate matters. Therefore, it is the common shareholders who generally have more control over the management of the company.It is essential to note that the specific characteristics of preferred and common stock may vary depending on the company's articles of incorporation and the stock issuance terms. In some cases, companies may issue a special class of preferred stock with voting rights, but this is less common and not the general rule. Overall, preferred stock is primarily focused on providing financial benefits, while common stock offers a combination of financial gains and voting power to influence the company's management.Know more about the Preferred stock
https://brainly.com/question/18068539
#SPJ11
an offer to form a bilateral contract is accepted only by completing the contract performance. T/F
False. An offer to form a bilateral contract can be accepted through methods other than completing the contract performance, such as direct acceptance or providing a promise to perform.
The statement is incorrect. An offer to form a bilateral contract can be accepted in various ways, not just by completing contract performance. In a bilateral contract, both parties make a promise to perform an act in exchange for the other party's promise to perform. An offer to form a bilateral contract can be accepted by a return promise or by performing the act requested in the offer.
For example, if a company offers to sell a product to a customer for a certain price, the customer can accept the offer by promising to pay the price or by actually paying the price. The offer is not accepted only by completing the contract performance.
In summary, an offer to form a bilateral contract can be accepted by a return promise or by performing the act requested in the offer, not just by completing contract performance.
To learn more about bilateral contract click here: brainly.com/question/28576872
#SPJ11
T or F: Preferred stock is less risky because preferred stockholders are paid dividends before common stockholders.
True. Preferred stock is considered to be less risky than common stock because it guarantees a fixed dividend payment to its shareholders before any dividends are paid out to common stockholders.
This means that in the event of a company's financial distress, preferred stockholders will receive their dividend payments before common stockholders do. Preferred stockholders also have priority over common stockholders in the event of liquidation, meaning that they will be paid out their share of the company's assets before common stockholders are.
Additionally, preferred stock typically does not have voting rights, which means that preferred stockholders have less influence over the company's decision-making than common stockholders do. However, this lack of voting rights is often seen as a trade-off for the security of receiving fixed dividend payments. It is important to note that while preferred stock may be less risky than common stock, it is still considered a riskier investment than other fixed-income securities, such as bonds. This is because the dividend payments on preferred stock are not guaranteed and can be suspended by the company at any time. Therefore, it is important for investors to carefully consider their investment goals and risk tolerance before investing in preferred stock.Know more about the Preferred stock
https://brainly.com/question/18068539
#SPJ11
if government spending increases by $1 million while net taxes are unchanged, then:
If government spending increases by $1 million while net taxes are unchanged, then there will be an increase in the overall level of economic activity. This is because the government spending will increase the demand for goods and services in the economy, leading to an increase in production and employment.
This increase in demand will also lead to an increase in prices, as businesses raise prices to match the increased demand.
However, the increase in government spending will also lead to a budget deficit, as the government will be spending more than it is collecting in taxes. This deficit will have to be financed through borrowing or printing more money, which could lead to inflation if not managed properly.
Overall, the increase in government spending will have both positive and negative effects on the economy. While it will stimulate economic growth in the short term, it could also lead to long-term issues if not properly managed.
To know more about economy refer here
https://brainly.com/question/30131108#
#SPJ11
