being part of a cartel is generally good for a firm because it can reduce output while increasing prices and profits. yet most cartels have failed. why is this the case? group of answer choices cartels lack a dominant strategy. each member of the cartel faces an incentive to cheat and produce more, while all of the other members honor the agreement. as the cartel becomes more profitable, competition increases. cartel members dislike having to equally share profits.

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Answer 1

Being part of a carte is said to be profitable for a firm since it can maximize profit and increase prices while reducing output simultaneously yet most of the cartels have failed. This is because each member of the cartel faces an incentive to cheat and produce more, while all of the other members honor the agreement.

The trouble is that cartel members might be tempted to cheat on their agreement to restrict production. Through generating greater output than it has agreed to supply, a cartel member can boom its proportion of the cartel's profits. Subsequently, there may be a built‐in incentive for each cartel member to cheat.

Whilst the cartel correctly increases the rate, firms inside the enterprise have the incentive to cheat. If a single firm increases output to 30 units while the rest of the corporations are producing 20 gadgets, the single company will earn large earnings.

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Related Questions

What decision support strategy uses a technique based on a non-linear predictive model that creates a hidden-layer analysis of input information that is defined using training and observed behaviors?.

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Decision trees are one of the best forms of learning algorithms based on various learning methods. They boost predictive models with accuracy, ease in interpretation, and stability.

For carrying out calculations and data processing, algorithms are utilized as specifications. In order to reroute the code execution along different paths, more sophisticated algorithms can carry out automatic deductions (also known as automated reasoning) and apply tests that are based on logic and math (referred to as automated decision-making). Alan Turing already used concepts like "memory," "search," and "stimulus" to describe machines in a metaphorical manner by evoking aspects of human nature.

In contrast, a heuristic is a problem-solving method that may not be fully detailed or may not provide accurate or ideal solutions, particularly in issue domains where there isn't a clearly defined correct or ideal conclusion. Algorithms will be useful here.

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what is the present value of $300 received at the beginning of each year for five years? assume that the first payment is not received until the beginning of the third year (thus the last payment is received at the beginning of the seventh year). use a 10% discount rate, and round your answer to the nearest $1.00.

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The display esteem of future installments reflects the truth that cash given within the future is worth less than in the event that the cash were gotten nowadays.

The contrast in value reflects what somebody seem win by contributing the cash nowadays and earning a return on the reserves. For illustration, $100 given to you nowadays can be contributed in a one-year bond creating 4% intrigued.

This implies the $100 would be worth $104 a year from presently. Hence, from a financial angle, $100 nowadays is worth $104 a year from presently. Future installments are balanced agreeing to a markdown rate: 4% within the over illustration. In the event that a installment is made two a long time from presently, the 4% must be recognized for each year. The term for typically compounding. Within the over case, $100 contributed at 4% is worth $108.16 two a long time from presently, since intrigued is earned on a compound premise over two a long time. The $104 contributed at the conclusion of one year would develop to $108.16 since $104 times 1.04=$108.16. This too implies the two-year markdown calculate is 1.04 squared. Hence, $108.16 partitioned by 1.04 squared will allow a show esteem of $100. At long last, any future installment balanced to its show esteem can be included or subtracted to other installments to create the show esteem of different installments over time.

$1,000. The wrinkle within the address is that the installments don't start until the starting of year 3. This implies the display esteem of the primary installment is marked down at 10% for two a long time (not 3 a long time since it is the starting of year 3). The rebate calculate is subsequently 1.10 squared and the show esteem is: $300/1.102=$247.93

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the fact that taxpayers can deduct the amount they paid in interest on a home mortgage from the income they report on their tax returns is an example of a(n)

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The fact that taxpayers can deduct the amount they paid in interest on a home mortgage from the income they report on their tax returns is an example of a Tax expenditures.

What is tax expenditure?

Tax expenditures  can be described as the special provisions of the tax code .

It should be noted that this expenditure can be base on the terms such as the credits, and tax rates and this can be seen to have some benefits as well as importance to some kind of the tax payers.

Therefore, the Tax expenditures is about giving some exception to the tax payers base on some kind of levels.

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a ups employee named theodore johnson who only made $14,000 per year was able to achieve a net worth of $70 million after 50 years through saving and investing, half of which he donated to educational causes in 1991.

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Theodore Johnson earned no more than $14,000 per year while working for UPS, yet despite this, he was worth more than $70 million when he retired with out tax.

Theodore Johnson wouldn't see the cash again because it would be withdrawn from his account. In order to enrich himself, he therefore created a tax. He invested 20% of his earnings, despite the fact that he only made a small amount of money. That accrued interest for him over more than five decades, earning him $70 million.

Tony portrays Mr. Johnson's money as if it were nothing because it is only a measly $14,000 per year, which is considered "table scraps." In contrast to the $53,046 median household income, this is little. We tax should all be able to save 20% if he can, by golly. Yes, that's true, but we must not forget that Mr. Theodore Johnson retired in 1952. Amounts in the past and present are not equal. In fact, after inflation, Mr. Johnson's $14,000 is equivalent to almost $123,000.

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a corporation makes a payment of ​$ million at the end of 2017 for services rendered by a large database company. with an annual interest rate of ​%, what annual payments at the end of years 2017 through will be equivalent to ​$ million at the end of​ 2017?

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Required PMT is almost  $564,334 when Present value (PV) is $2,650,000, Rate (r) is 11% and Time (n) is 6 in the given data.

Given that -

Present value (PV) = $2,650,000

Rate (r) = 11% = 0.11

Time (n) = 6

To Find -

Required PMT

PV= PMT {{1- (1+r)^-n}/r} {1+r}

$2,650,000= PMT * {{1- (1+0.11)^-6}/0.11} {1+0.11}

$2,650,000= PMT *4.6958

PMT= $564,334 (Approx)

Hence, Required PMT is almost  $564,334

Here is the complete question-

A corporation makes a payment of ​$2.65 million at the end of 2017 for services rendered by a large database company. With an annual interest rate of 11​%, what annual payments at the end of years 2017 through 2022 will be equivalent to ​$2.65 million at the end of​ 2017?

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engagement letters should include all of the following except . multiple choice question. objective and scope of the audit the exact fees to be charged for the audit inherent limitations of the audit auditor and management responsibilities

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The auditors' report's assessment of the financial accounts shouldn't be included in engagement letters.

To improve instruction and programs, assessment entails the use of empirical data on student learning. (2004) Allen's Assessment of Academic Programs in Higher Education. In order to gain a thorough understanding of what students know, understand, and can do with their knowledge as a result of their educational experiences, assessment is the process of gathering and discussing data from numerous and diverse sources.

The process is completed when assessment results are applied to enhance subsequent learning. Making assumptions about pupils' learning and progress is based on systematic assessment. For the purpose of enhancing students' learning and development, it is the process of identifying, choosing, designing, gathering, analyzing, and applying information.

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According to the liquidity premium theory of the term structure, a downward sloping yield curve indicates that short-term interest rates are expected to.

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According to the liquidity premium theory of the term structure, a downward sloping yield curve indicates that short-term interest rates are expected to. decline sharply in the future.

Interest is fee from a borrower or deposit-taking monetary organization to a lender or depositor of an amount above repayment of the main sum, at a specific fee. it is wonderful from a price which the borrower may additionally pay the lender or a few 0.33 party.

Interest is the rate you pay to borrow money or the value you rate to lend money. Interest is most customarily meditated as an annual percent of the amount of a loan. This percent is known as the interest charge on the mortgage.

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is it true that, under a proportional income tax structure, a person who earns a high income will pay more in taxes than a person who earns a low income? explain your answer.

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No, it is not true that  under a proportional income tax structure, a person who earns a high income will pay more in taxes than a person who earns a low income..

Elaborate:

With a proportional income tax structure , each individual or household pays the same fixed rate of tax .

For instance , low-income taxpayers would pay 12 percent, middle-income taxpayers would pay 12 percent, and high-income taxpayers would pay 12 percent equally.

What is the purpose of proportional tax?

A proportional tax system, also known  as a flat tax system, assesses that the same tax rate on everyone regardless of income or  their wealth. Proportional taxation is intended to form greater equality between marginal tax rates and average tax rates paid.

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shaw industries, a giant carpet manufacturer, increases its control over raw materials by producing much of its own polypropylene fiber, a key input into its manufacturing process. this is an example of

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The given condition is  an example of : Vertical Integration.

What is the vertical integration means?

Vertical integration, is a form of business organization in which all the  stages of production of a good, from the acquisition of raw materials to the retailing of the final product, are operated and controlled by single  company.

Why vertical integration is important?

Vertical integration can permit  your business to expand  by adding distribution centers in new areas or by acquiring a new brand name . Generally, geographical expansion works nicely  when expanding inside  a company  own segment in the supply-distribution spectrum.

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88 million people live on less than $1. 00 a day. These people are said to be living in _____________.

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88 million people live on less than $1. 00 a day. These people are said to be living in absolute poverty.

Poverty is about no longer having enough money to fulfill primary wishes which include meals, garb and safe haven. but, poverty is extra, an awful lot more than just now not having enough cash. the arena bank corporation describes poverty in this manner: “Poverty is hunger. Poverty is loss of safe haven.

We will outline poverty as the circumstance in which the fundamental needs of a own family, like meals, refuge, clothing, and schooling are not fulfilled. it is able to lead to different troubles like poor literacy, unemployment, malnutrition, and so on. A terrible individual is not capable of get education due to lack of cash and consequently stays unemployed.

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for next year, by-way has projected sales of $435,000, costs of $254,000, depreciation of $35,000, interest expense of $22,000, and taxes of $28,500. what is the amount of the projected operating cash flow? a) $130,500 b) $157,900 c) $152,500 d) $161,500 e) $181,000

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Projected sales                       435000

(-) Costs                                       (254000)

(-) Depreciation                        (35000)

Operating income                       146000

Operating income              146000

(+) Depreciation                       35000

(-) Taxes                                       (28500)

Projected operating cash flow 152500

The amount of the projected operating cash flow is c) $152,500

Cash flow is defined as the quantity of cash entering and leaving your business over a given time frame. Coins go with the flow is essential because it enables you to meet your existing financial responsibilities as well as plan for the future.

"Coins is king" additionally refers to the ability of an organization or a business to have enough cash available to cover short-time period operations, purchase belongings, which include systems and equipment, or gather different centers. Greater corporations fail for loss of coins float than for lack of profit.

The key difference between cash glide and income is even as income indicates the quantity of money left over in spite of everything fees were paid, cash goes with the flow indicating the internet glide of cash into and out of a commercial enterprise.

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notes. when a loan is repaid through a series of equal payments, with each payment including interest and principal components, the loan is said to be:annuitized b. predatory c. amerliorated d. amortizedannuitized b. predatory c. amerliorated d. amortized

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An amortized loan is one that will be repaid over time in equal or nearly equal principal and interest payments, without the need for a one-time balloon payment.

An installment loan is one that you pay back in a series of equal instalments over a predetermined period of time. A down payment, or a cash percentage of the purchase price, is typically necessary for this kind of financing. After the down payment, your debt is the amount that was financed. First, amortization is a tool used in the process of repaying debt over time with consistent principal and interest payments. A loan's current balance can be decreased using an amortization schedule, such as a mortgage or a vehicle loan. It can be concluded that the loan is negatively amortizing based on the information given in the question regarding the circumstance. loan This refers to a rise in a loan's outstanding balance brought on by a loan payment that is less than the interest being charged during that time period, as specified in the question.

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the employees at slanted construction recently unionized. they want to begin negotiations with management regarding compensation structure and working conditions. how should they proceed?

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The employees at slanted construction should proceed by first contacting a labor lawyer to get an understanding of their rights.

What is slanted construction?
The infrastructure and building work is carried out by construction companies. Construction firms that construct buildings, bridges, dams, and other structures make whatever is depicted on drawing sheets a reality by building it for a price set before their clients. Here, we've covered the various categories of construction companies. To build different structures, developments, properties, facilities, housing, paths, pavement, roads, motorways, as well as other construction projects, a type of business, company, enterprise, or comparable organisation was developed. In many nations around the world, construction firms are established and run.

After they have a clear understanding of the law, they should then begin negotiations with management. It is important to remember that the employees are not required to agree to any terms that they are not comfortable with, and they should not sign anything without first consulting with their lawyer.

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if an economy is currently producing on its production possibilities curve, a rightward shift of the curve is a necessary but not sufficient condition for economic growth.

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True, A rightward shift is a required but insufficient condition for economic growth if an economy is currently producing on the production possibilities frontier.

The production possibility frontier (PPF) is a curve on a graph that depicts the potential output of two goods whose production is dependent on the same limited resource. Another name for the PPF is the production possibility curve.

When an economy's output rises to its full employment level, economic growth happens. An outward movement in the production potential frontier indicates an increase in production at full employment (PPF).

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which term describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society? multiple choice question. imperfect competition market failure economic recession consumer deficit

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Market failure describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society.

The suboptimal dispersion of products and services in the free market is known as the market failure. In a typical free market, the supply and demand factors ascertain the prices of products and services, and any change in any of the force's effects in a change in price and a subsequent change in the other. The price equilibrium has been reached as a consequence of the changes.

Market failure takes place when the market is outside of equilibration as a result of market disturbance. It happens whenever the number of products or services provided is inadequate to satisfy the quantity of products or services demanded. Monopoly, price controls, basic wage criteria, and regulatory changes are all examples of market failure.

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Market failure describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society.

Market failure is characterized in macroeconomics as a scenario where the distribution of goods and services by a market economy is not Perfectly efficient, often causing a net loss in economic value. Market failures can be described as situations wherein the individual people' quest of pure self-interest gives rise to unproductive results that can be enhanced from a social and economic point of view.

The term market failure was first used by economic experts in 1958, but the idea can be traced all the way back to the Victorian philosopher Henry Sidgwick. Essential services, time-inconsistent preferences, imperfect information, non-competitive markets, principal-agent problems, or economic effects are typically associated with market imperfections.

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A ________ is a financial agreement between you and the dealership, where you agree to pay a certain price for the right to drive the car for a set period of time.

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A lease is a financial agreement between you and the dealership, where you agree to pay a certain price for the right to drive the car for a set period of time.

A financial agreement (also called a binding financial agreement) is a written agreement or contract between two parties that specifies how the parties will divide their financial resources when the relationship ends.

A binding financial agreement is a financial agreement that can be entered into by a married or common-law couple. These agreements can be made at the beginning of the relationship, during the relationship, or upon separation.

Simply put, a BFA is a private contract between two individuals of hers, including her same-sex partners, that protects marital property, wealth, pensions, and property in the event of a breakdown of the marriage or de facto relationship. It formalizes how the debt is divided.

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elvis agrees to provide guitar lessons to angela’s niece for three months for $600. angela decides her niece really is not interested in guitar lessons, and assigns her rights under the contract to jose, so jose can use the lessons for his daughter. when jose contacts elvis to set up the first guitar lesson for his daughter:

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When Jose contacts Elvis to set up the first guitar lesson for his daughter, he cannot enforce the contract against Elvis because the contract is for personal services.

What is a contract?

In law, a contract entails a promise to do something or to refrain from doing something. Its making often requires the mutual assent of two or more persons, in which one of them ordinarily making an offer and another accepting, that is, when one of the parties fails to keep the promise, the other is entitled to a legal redress.

As well, we can define a contract as a legally binding agreement between two or more parties, the contractual agreement therein helps to creates a promise that certain rights and obligations will be fulfilled by each party

Most often, a typical contract will only be enforceable if both parties have entered into the contract willingly, so, when one parties have been bullied, pressured or manipulated into entering into the contract, such contract will be unenforceable because of lack of consent.

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frank, a marketing manager, has often noticed that his team members do not communicate with each other and are rarely present for team meetings. he also noticed that his team's productivity is considerably low. this scenario illustrates that frank's team lacks . a. cohesiveness b. diversity c. autonomy d. leadership

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As a marketing manager, Frank has frequently seen that his team members lack communication with one another and infrequently show up for team meetings. He also observed that the output of his team is noticeably poor. This situation demonstrates how Frank's squad is lacking in cohesiveness.

Information can be sent and received through communication devices or face-to-face interactions between individuals or groups of people. A sender, or the individual who begins communication, must transfer their thoughts or encode a message in order for communication to occur. The receiver is the one who gets this message, and the receiver is the one who must decode (or understand) the message. It is more difficult despite how simple it seems.

Language uses signs and symbols and is unique to the culture that uses it to talk and write. A common language and comprehension of basic ideas are necessary for effective communication. Additionally, it's crucial to keep in mind that a recipient can perceive a message differently than the sender intended.

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An operating cycle is the length of time it takes to convert inventory to accounts receivable plus the time it takes to convert the account receivable back to cash. This statement is.

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An operating cycle is the sum of the time required to convert inventory into accounts receivable and the time needed to turn those accounts receivable back into cash. This claim is true.

An operating cycle (OC) is the period of time needed for a company to receive goods, sell that inventory, and get paid for the sale of that inventory. The effectiveness of a firm is greatly influenced by this cycle. Accounts payable turnover days, inventory turnover days, and accounts receivable turnover days are the three parts of the operating cycle. The total number of operating cycle days can be calculated using these. The items and materials a company keeps on hand with the intention of reselling, producing, or using them are referred to as inventory or stock. Specifying the size, shape, and location of stocked commodities is the main focus of inventory management.

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when a minimum-wage law forces the wage to remain above the level that balances supply and demand, the quantity of labor supplied is higher and the quantity demanded of labor is lower than at the equilibrium wage. a. true b. false

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True: When a minimum-wage law forces the wage to remain above the level that balances supply and demand, the quantity of labor supplied is higher and the quantity demanded of labor is lower than at the equilibrium wage.

A minimum wage rule increases the amount of labor supplied and decreases the amount of work demanded relative to the equilibrium level when it requires the wage to remain above the level that strikes a balance between supply and demand. As a result, there is an excess of labor and a lack of employment. This occurs when there are more workers than there are open positions. As a result, many of those employees are unemployed.

The body of law known as minimum wage law forbids employers from hiring workers or employees for less than a certain hourly, daily, or monthly minimum pay. More than 90% of all nations have minimum wage laws in place.

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data-driven decision-making involves the five analytical skills: curiosity, understanding context, having a technical mindset, data design, and data strategy. each plays a role in data-driven decision-making.

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This is true that data-driven decision-making involves five analytical skills: curiosity, understanding context, having a technical mindset, data design, and data strategy. each plays a role in data-driven decision-making.

Using facts, measurements, and data to inform strategic business decisions that are in line with your goals, objectives, and initiatives is known as data-driven decision-making (DDDM). Organizations can develop new goods, services, and workplace activities, and even discover trends with the use of data-driven decision-making.

Companies are able to predict what to expect in the near future and what they should adjust to improve performance and compete by looking at historical data. Using facts, measurements, and data to inform strategic business decisions that are in line with your goals, objectives, and initiatives is known as data-driven decision-making (DDDM).

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The complete question is:

State whether true or false: data-driven decision-making involves the five analytical skills: curiosity, understanding context, having a technical mindset, data design, and data strategy. each plays a role in data-driven decision-making.

why does the federal reserve bank is the only force that can move the supply curve in the money market model and its effect on the nominal interest rate

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The Federal reserve bank uses its tools to control the force of money supply  to help stabilize the frugality. When the frugality is rising, the Federal reserve bank increases the force of plutocrat to goad growth.

Again, when affectation is hanging , the Federal reserve bank reduces the threat by shrinking the force.

How does the Federal Reserve System controls the money force by?

The Federal reserve controls the force of money  by adding or dwindling the financial base. The financial base is related to the size of the Federal reserve balance distance; specifically, it's currency in rotation plus the deposit balances that depository institutions hold with the Federal Reserve.

Who controls the money force and how?

The Reserve Bank of India( RBI) controls the money force in India. The Reserve bank has control over the financial policy of India. It controls the interest rates, the reserves to be maintained with the banks to control the money  rotation in the frugality.

Nominal interest rate :

In the nominal request, the nominal interest rate adjusts until the volume of money supply  that people want to hold is the same as the volume of money  that exists.However, people reduce their effects of cash, If the nominal interest rate is above equilibrium high.

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star treatment has a chain of luxury hotels and resorts across the globe. life vision is a pharmaceutical company known for its breakthrough life-saving drugs. how do the two businesses differ from each other?

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Pharmaceutical company - Comparing Star Treatment and Life Vision, Star Treatment is better able to customise its products.

What is Pharmaceutical?
Aiming to cure, immunise, or treat patients' symptoms, the pharmaceutical industry uncovers, develops, manufactures, and markets drugs as well as pharmaceutical drugs for use as medications given to patients (or self-administered). Pharmaceutical firms may sell both brand-name and generic drugs as well as medical equipment. They must abide by a number of laws and rules that control the marketing, testing, safety, efficacy, and patenting of medicines. In 2020, the global pharmaceuticals industry will have produced therapies worth $1,228.45 billion, with a 1.8% compound annual growth rate (CAGR).

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Think of a product that you would use for innovation and enterprise. Describing how the product will innovate within 5 years.

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A product that I would use for innovation and the company would be artificial intelligence because it will have a positive impact on production and the organization.

What is artificial intelligence?

Artificial intelligence is a term that refers to the product of computer science that aims to replicate and develop intelligence and its implicit processes through computers. In other words, what scientists who develop artificial intelligence are looking for is to replicate human intelligence through robots and machines.

How will artificial intelligence impact business and innovation?

Artificial intelligence would have a positive impact on the innovation of a company because it would improve the organization and production processes. An example of this would be when a company implements artificial intelligence on its machines. These can identify possible improvements in the production process to be more efficient.

Additionally, the organization of the company would improve because it no longer had to have as many employees, so the cost of salaries would be reduced.

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If the yield to maturity of all of the following bonds is 6%, which will trade at the greatest premium per $100 face value?.

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A bond with a $1,000 face value, five years to maturity, and 6.3% annual coupon payments will be trade at the greatest premium per $100 face value.

Trade refers to the voluntary trade of goods or offerings between monetary actors. whilst you don't forget that transactions are consensual, change is commonly taken into consideration to advantage of every event. In finance, buying and selling refer to purchasing and selling securities or specific belongings.

Trade is vital to the USA's prosperity - fueling monetary increase, assisting the right jobs at domestic, raising residing requirements, and assisting Americans to provide for their households with low-value items and services.

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the following tax proposal has income as the tax base. calculate the marginal tax rate for an income of $5,000 and an income of $40,000. then, calculate the percentage of income paid in taxes for an individual with a pre‐tax income of $5,000 and for an individual with a pre‐tax income of $40,000. classify the tax as being proportional, progressive, or regressive. round answers to two places after the decimal, where applicable.

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The percentage of income paid in taxes for an individual with a pre‐tax income of $5,000 is 10%.

The tax paid for an individual with a pre‐tax income of $40,000 is 22.5%.

This is a progressive tax.

What is tax?

It should be noted that tax has to do with the levy that's paid to the government by economic agents such as individuals and firms.

It should be noted that for a progressive tax, the average tax will increase when the income rises too.

The marginal rate of 5000 is 10%

The marginal rate of 40000 is 30%.

The tax paid by one with an income of 5000 will be:

= 0.1 × 5000

= 500

Average tax = 500/5000 = 10%

Tax paid by an individual who earns 40000 will be:

= (0.1 × 10000) + (0.2 × 10000) + (0.3 × 20000)

= 9000

Average tax = 9000/40000 × 100 = 22.5%

Therefore, the tax is progressive.

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Click this link to view o*net’s skills section for accountants. note that common skills are listed toward the top and less common skills are listed toward the bottom. according to o*net, what are some common skills needed by accountants? select four options mathematics reading comprehension equipment maintenance quality control analysis active listening writing

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The common skills required for accountants are mentioned at the top of the list, while the less common talents are included at the bottom. These common skills include mathematics, reading comprehension, and active listening.

An individual who carries out accounting tasks like financial statement analysis, audits, or account analysis is referred to as an accountant. Accountants are employed by accounting firms or internal accounts divisions of big businesses. They could even start their own, unique common skills practices. National professional associations certify these individuals once they have satisfied state-specific educational and testing standards.

Accountants are specialized in finance and are in charge of a variety of accounts, both public and private. A company or an individual may be the account owner. As a result, they might find employment with common skills businesses of all sorts, from small to large, with governments and other non-profit accountants organizations, or they might establish their own private practice and work with clients who hire them.

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explain why businesses give different types of discounts

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Answer:

Consumers are attracted by discounts and tend to share them via word-of-mouth—an efficient way to reach new customers while keeping customer acquisition costs in check.

Explanation:

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abc mfg co has estimated breakeven volume of 50,000 units for its new widget. if fixed costs are $100,000 and unit variable cost is $18.00, what is the $ bep?

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Abc mfg co has estimated breakeven volume of 50,000 units for its new widget. if fixed costs are $100,000 and unit variable cost is $18.00, what is the $1,000,000.

What is breakeven?
The break-even point (BEP)
is the point at which total costs and total revenues are equal, or "even," in economics, business, and specifically cost accounting. Although opportunity expenses have been paid and capital had also received the risk-adjusted, expected return, there is no net gain or loss and one has "broken even". In other words, all necessary expenses have been covered, and there is no profit or loss. The break-even point (BEP) as well as break-even level denotes the volume of sales necessary to cover all costs, including both fixed and variable costs to the company, either in unit (quantity) or revenue (sales) terms. At the break-even point, there is no overall profit. A company can only surpass the break-even point unless sales are more expensive than variable costs per unit.

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One way to enhance self-control would be to raise the delay curve for the ________ reinforcer.

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One way to enhance self-control would be to raise the delay curve for the larger later reinforcer.

According to the Ainslie-Rachlin law, when a reward is available, its perceived value approaches its maximum. The emphasis on choosing smaller incentives sooner rather than larger ones later can change over time. The model is predicated on the idea that the value of a reward rises substantially as delay diminishes and reward attainment approaches.

Early in the delay, when both the smaller, sooner reward (SSR) and the larger, later reward (LLR) are far away, the model predicts that SSR is less valued and that LLR would be the easier decision because it is the sensible option.

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