The factor that most strongly drives producers in a free-market economy is the profit motive.
What is a free-market economy?A free-market economy is an economy in which forces of demand and supply determine how goods and services are allocated or supplied without government intervention.
In a free-market economy, the profit motive is a factor that most strongly drives producers because their aim is to maximize profit by selling at the highest price possible.
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An investment made 10 years ago is worth $100,000. if the annual return over these 10 years was 7.20%, then the original investment amount was:
The original investment amount was $ 68.56 then annual return on investment is 10 years was 7.20% interest.
What is investment?
Investment definition is assets invested in to build wealth and save money on bank, property and projects for specific time period of money.
PV is a present value, FV is a future value, i is interest, n is number of period
PV= FV/ (1 + i) n
PV= 1, 00,000 / (1+7.20%) 10
PV =68.5650014087
As a result, the original amount of investment is 68. 56
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Sawyer Components manufactures high-cost, customized roller parts for paper mills and is expanding into China because of the opportunity for significant growth in this developing country. The owner uses effective global strategies and is aware of threats from foreign competitors. This illustrates that the owner has a global
The fact that Sawyer Components have seen opportunities in China and want to expand there reflects global vision.
What is global vision?This refers to the ability of a company to see beyond factors affecting it from its native country.
It involves seeing opportunities, threats, and weaknesses in the global market, and then acting to take advantage of them like Sawyer Components wants to.
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The merchants in Dallas, Texas, suffered flood damage in May 2003. Stores were closed for remodeling nearly two months. What is this type of variation in sales called
When merchants in Dallas had to close their stores for remodelling, this type of variation is known as the irregular components.
What is an irregular variation?An irregular variation in sales occurs when sellers change the quantity of things they sell as a result of an unexpected event.
In this case, sellers stopped selling because they had an irregular event when a flood damaged their stores.
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In many cases, it is reasonable to refer to the ________________ as the price.
Most time, it is reasonable to refer to the opportunity cost as the price because it entails the benefit of the foregone good or service.
What is an opportunity cost?It refers to a value of what is rejected in order to perform the chosen alternative, that is, the value one have to give up to buy what you want in terms of other goods or services.
Therefore, it is sometimes reasonable to refer to the opportunity cost as the price because it entails the benefit of the foregone good or service.
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Traditionally, business leaders have played a prominent role in the political culture in Texas. When thinking about the business leaders and business concerns that influence Texas politics, we are referring to
Business interests are the business leaders and business concerns that influence Texas politics.
What is Business interests?Business interest is the involvement of the family business, from which a person sees from the birth and has their personal interest in that. Business interest also drives from the parent's and cultural area where the Pearson has grown.
Thus, it is business interest.
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A current liability is an obligation that requires the use of an existing asset or the creation of another current liability:
Answer:
current liability is as obligation that must be settled over a short period of time
A manufacturing company has a pay structure based on job descriptions. As the company moves toward customizing production to meet customers' specific needs, it finds that managers are lacking flexibility in both job assignments as well as awarding pay increases to their employees. It has decided to reduce the number of levels in their job structure in order to increase their flexibility. This is called
Reducing levels in job structure in order to increase their flexibility is job enrichment.
What is Job enrichment?Job enrichment involves creating challenges to make work more interesting, and increasing the skills required to carry out jobs that will ultimately lead to higher pay.
However, Job enlargement is raising the scope of work at a particular Job level.
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Interview a business owner/manager on the crisis experienced in a workplace
The steps that owner/manager can deal with the crisis experienced in the workplace includes:
identifying issuedealing with ittimely communicationalways be preparedlearning from experienceWhat are workplace crises?These refers to the series of problem that arises at the workplace such as worker shortage, work de-motivation, anonymous accusations, bribery, computer tampering, loss of data etc.
Sometime, the management of workplace crises can impact the manager's performance as well if proper care are not exercised.
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The product market is the place where _______. Multiple choice question. businesses sell resources and households buy resources businesses sell resources and households sell goods and services businesses sell goods and services and households buy goods and services businesses sell resources and households buy goods and services
The product market refers to the place where: C. businesses sell goods and services and households buy goods and services.
What is a product market?A product market can be defined as any place where business firms (organizations) make their goods and services available for purchase by households (consumers).
This ultimately implies that, a product market refers to the place where various business firms sell their goods and services and households buy these goods and services.
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The healthcare cost and utilization project (hcup) consists of a set of databases that include data on inpatients whose care is paid for by third-party payers. hcup is an initiative of the
"The healthcare cost and utilization project (hcup) consist of a set of databases that include data " Hcup is an initiative of the Agency for Healthcare Research and Quality. This is further explained below.
What is HCUP?Generally, Hcup is simply defined as Data about hospital treatment, such as lengths of stay, which may be found in HCUP more reliably than from any other single source in the country.
In conclusion, According to their website, "The Healthcare Cost and Utilization Project (hcup) is a collection of databases that incorporate data " The Agency for Healthcare Research and Quality is responsible for the Hcup program.
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5. Price changes affect supply and demand and supply and demand can affect price. O True False
Answer:
true
Explanation:
that is what is happening to us right now.
Entry of new firms into monopolistically competitive industries is relatively easy because ______. Multiple choice question. existing firms experience economies of scale product development is unnecessary competitors are large firms advertising is not required capital requirements are low
Entry of new firms into monopolistically competitive industries is relatively easy because capital requirements are low. Thus the correct answer is D.
What is a monopoly?A monopoly refers to a firm that has a single authority in the market and controls the market completely. In a monopoly, there is a single rule and an absence of competition.
Monopolistic competition describes a competitive market in which a small number of sellers give clients near alternatives. It is a market system in which a large number of enterprises compete in the same industry.
Each firm runs on its own, producing comparable but production of innovative products, with no concern for what other companies are doing. These types of firms are very easy to enter and exit the market.
Therefore, option D with low capital requirements is the correct answer.
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An earthquake in Japan destroys an automobile factory. In response, the United States exports more automobiles at a time when the American economy is at full employment. What could the U.S Government do in order to reduce inflationary pressures on the U.S economy
Government could adopt the unorthodox fiscal and monetary policies in order to reduce the inflationary pressures on the U.S.
What changes could be made by adopting the unorthodox fiscal and monetary policies?Fiscal policy could bring the change in the spending of the government and taxation as well.
Monetary policy also impact the supply of the money in an economy, in the condition of the increased employment.
These two policy could be adopted by the government, as it influence the employment and household income.
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Paige noted that she disbursed $7,847 in payments for operations in her travel agency and received $7,162 in cash receipts for services rendered. She had no cash receipts or disbursements from investments or financing activities. Thus, Paige had a
There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. Hence, the correct option is negative cash flow.
What do you mean by cash flow from operating activities?
Cash flow from operating activities (CFO) shows the quantity of cash an organization brings in from its ongoing, everyday commercial enterprise activities, together with production and promoting items or presenting a service to customers.
The missing information in the question is:
Multiple Choice:
negative cash flow.
positive disbursement.
bad debt allowance.
tax credit payment.
Hence, There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. The correct option is negative cash flow.
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In Denmark, the personal income tax rate is 55 percent. One of the reasons workers are willing to pay this is because they know they will reap the benefits later in the form of free health care and a universal pension in retirement. According to Geert Hofstede, what cultural dimension does this most illustrate
Based on the fact that the workers know that they will reap benefits in future, the cultural dimension is Long term vs Short term orientation.
What cultural dimension fits Denmark workers best?The Long term vs Short term orientation is a cultural dimension that talks about how people can give up short term benefits for long term gain.
These workers in Denmark are giving up a large portion of their income in the short term, but are gaining benefits like free healthcare in the long term.
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Which type of investment would be an example of an
investment at point B?
* a US savings bond
O a CD
O a stock
O a savings account
The Modified Accelerated Cost Recovery System (MACRS) is a depreciation method which expenses an asset over a single year because capital acquisitions must be expensed in the year purchased. is required by the SEC. is used for tax purposes. must be used for financial statement purposes.
The Modified Accelerated Cost Recovery System (MACRS) is used for tax purposes.
What is depreciation?
Depreciation refers to the devaluation in the value of the tangible assets after a particular period of time. When the depreciation value of the assets becomes zero or negative. It becomes outdated or obsolete.
Modified Accelerated Cost Recovery System is the system introduced by the United States which is the tax depreciation system used to estimate the value of the assets depreciated.
Initially, it was introduced to attract the investors to invest in the depreciating assets. the benefit of this system is that it gets higher tax exemptions.
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Which is an example of a fixed expense?
oa. monthly grocery bill
ob. line of credit payments
oc. atm withdrawal fees
od. digital entertainment subscriptions
A local business provides career training for young adults entering the workforce directly from high school. Which economic question has the business answered by
focusing on recent high school graduates?
The economic question that the business has answered by focusing on recent high school graduates is for whom to produce.
What is an economic question?It should be noted that an economic question simply means a question that van be used to answer a particular economic issue.
In this case, the economic question that the business has answered by focusing on recent high school graduates is for whom to produce.
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Answer:
A. For whom to produce?
Explanation:
S analyzing the possible acquisition of teller company. both firms have no debt. penn believes the acquisition will increase its total aftertax annual cash flows by $3 million indefinitely. the current market value of teller is $48 million, and that of penn is $90 million. the appropriate discount rate for the incremental cash flows is 10 percent. penn is trying to decide whether it should offer 45 percent of its stock or $73 million in cash to teller's shareholders. a. what is the cost of each alternative
The cost of each alternative is $25 million and $27.6 million.
Cost of each alternativeFirst alternative
Cost/Premium=$73 million-$48 million
Cost /premium=$25 million
Second alternative
Value to target to acquirer=$48 million+($3 million/.10)
Value of target to acquire=$78 million
Purchase price=.45($90 million+$78 million)
Purchase price=$75.6 million
Cost/premium=$75.6 million-$48 million
Cost/premium=$27.6 million
Therefore the cost of each alternative is $25 million and $27.6 million.
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identify the statement in the passage that reflects unethical behavior.
judy had been working as a manager at a company that manufactured mobile phones. over the past couple of years, her company smartphone market. judy created a six-month plan that could potentially revive her company and make it one of the top players in she suggested that all the technical employees, such as the product developers and software engineers, be asked to sign contract: contracts, the employees would be bound by a confidentiality agreement stating that they couldn't discuss the company's technolc she also created a plan where the quality standards of the company would be brought up to industry standards. she suggested hi professionals to oversee the current quality standards. she created a price plan where her company would sell their phones at a much lower price to push the competition out of the mal the prices once it had control of the market. finally, she drafted a post-sales service policy where customers would be asked if they wanted to acquire full insurance coverage f company).
The statement in the passage that reflects unethical behavior is that she also created a plan where the quality standards of the company would be brought up to industry standard. This could have been a suggestion not a final decision
What is unethical behavior?Unethical behavior are behavior by an employee that is against the ethics of the company.
Each organization has a guide that helps in regulating the company.
Therefore,The statement in the passage that reflects unethical behavior is that she also created a plan where the quality standards of the company would be brought up to industry standard. This could have been a suggestion not a final decision
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Answer:
she created a price plan where her company would sell their phones at a much lower price to push the competition out of the way.
Explanation:
plato
Consider the information below for an individual:
Home valued at $250,000
Mortgage balance of $150,000
Auto worth $25,000
$15,000 auto loan
New household furnishings valued at $5,000
$4.500 loan for furniture
Retirement account of $45,000
$1,500 in emergency savings
$500 in checking
$1500 in a CD
$15,000 credit cards balances
$500 per month for student loans; current balance is $25,000
$100 per month gym membership
Using the information above, respond to all of the following:
1. Determine this individual's net worth. Explain.
2. Identify any expenses that are not liabilities.
3.Assume this individual decides to create a budget. What are the two components of a budget?
4.Assume this individual's friend decides to pursue postsecondary education. What are two types of financial aid that the friend could apply for that do not have to be repaid?
1. This individual's net worth is $119,000 ($328,500 - $209,500).
2. The non-liability payment is $100 per month for a gym membership.
What is a person's net worth?An individual's net worth is the difference between the assets and the liabilities.
The net worth can be positive (when the assets are worth more than the liabilities) or negative (when the liabilities are worth more than the assets).
Data and Calculations:Assets Liabilities
Home value $250,000 $150,000
Auto $25,000 $15,000
New household furnishings $5,000 $4,500
Retirement account $45,000
Emergency savings $1,500
Checking account $500
CD $1,500
Credit cards balances $15,000
Student loans $25,000
Totals $328,500 $209,500
3. Thus, the two components of this individual's budget are assets and liabilities.
4. The two types of financial aid that the friend could apply for without repayment are grants or scholarships.
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Lincoln, a bank financial manager, always attempts to treat each subordinate with respect and fairness. Lincoln's treatment of employees is an example of Fayol's principle of
Lincoln's treatment of employees is an example of Fayol's principle of equity.
What is equity?It should be noted that equity simply refers to the principle of being fair in what one does.
In this case, the bank financial manager, always attempts to treat each subordinate with respect and fairness. Therefore, the principle of equity is illustrated.
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All of the following issues can be addressed by a faculty member at your high school except
The issues are as follows:
1) nutrition.
2) financial aid.
3) hearing and vision tests.
4) legal help.
The issue that cannot be addressed by the faculty members at the high school is the legal help.
Fourth option is the correct answer.
What is meant by a high school?A high school is the place where the students are studying in the grades from 9th to 12th.
The faculty members of the high school are addressing the issues relating to financial assistance, testing of hearing and eye vision and the nutritional requirements.
Therefore, the legal help being the issue which could not be addressed by faculty members in the high school.
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Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him. He was bothered by their insistence that he modify the game by including a popular product's logo on the clothing of his main character. In this example, Kyle is concerned about the practice of ________.
"Kyle liked to think he could program anything digital. He created a new video game, and a major industry firm wanted to buy it from him...." Kyle is concerned about the practice of advergaming. This is further explained below.
What is advergaming?Generally, advergaming is simply defined as Advergaming refers to the practice of using video games to promote real-world businesses and goods.
In conclusion, "Kyle fantasized of being able to program anything electronically. He developed a new video game, and a huge corporation wanted to acquire it...." Kyle has reservations about the practice of advertisement gaming.
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An important social trend is the continued concern for health and well-being in the United States. This is most likely evidenced by Multiple Choice the increased sales of Cigar Aficionado magazine. the introduction of Snickers Maple Almond Butter candy bar. the opening of more Starbucks coffee boutiques in supermarkets. the upsizing of menu items at fast-food restaurants. the introduction of fitness trackers such as the Fitbit.
An important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit.
What is social trend?It should be noted that social trend simply means
the movement of a particular trend or its growth.
In this case, an important social trend is the continued concern for health and well-being in the United States is most likely evidenced by the introduction of fitness trackers such as the Fitbit
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Consider a perfectly competitive market with market supply q^s = - 2 +p and the market demand q^d = 30 - p suppose the government imposes an excise tax of $4 per unit on this market. what are the net benefits from this tax?
After imposing the tax, we get a consumer surplus of $72 and a producer surplus of $72. The total surplus we get is $144.
What is a Perfect Competitive Market?A perfectly competitive market is a market in which many buyers and sellers are dealing with homogenous products, and the rate is decided by the demand and supply that exist in the market for the product.
Given
Demand Equation = 30-p
Supply Equation= -2+p
Tax=$4 per unit
Calculate Equlibrium for Price= Demand Equation=Supply Equation
= 30-p=-2+p
Equilibrium Price before tax=$16
Calculate Equlibrium for Quantity= 30-p
=30-16
Equilibrium Quantity before tax=14 units
Now After Imposing Tax Calculate Equilbrium
Supply Curve After Tax=-2+p
= -2 +(p-4)
= -6+p
Demand curve after tax=30-p
Equilibrium for Price after Tax= -6+p=30-p
Equilibrium for Price after Tax=$18
Equilibrium for Quantity after Tax= 30-p
=30-18
Equilibrium for Quantity after Tax =12 units
Consumer Surplus=1/2x(30-18)x(12-0)=1x12x12/2
= $72.
Producer Surplus=1x(18-6)(12-0)/2=1x12x12/2
=$72
Thus, after imposing an excise tax of $4, we get a total surplus of $144 including a consumer surplus and a producer surplus of $72 each.
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write about the role of veterinarian in commercial milk and meat production.
Veterinarians provide livestock producers with information, advice and training on how to avoid, or control food safety hazards.
Who is a veterinarian?A veterinarian is a medical professional who practices veterinary medicine. They manage a wide range of health conditions and injuries in non-human animals.
In this case, veterinarians also provide livestock producers with information, advice and training on how to avoid, eliminate or control food safety hazards.
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A group of investors in a retirement fund removed their money from the fund when they learned the fund manager had invested in a gambling casino. The investors' religious beliefs lead them to believe in the fundamental evil of all forms of gambling. These investors were engaging in:
The investors who removed their funds of a retirement fund when the fund manager started to gamble the money in casino were involved in following social paternalism.
What is paternalism?A form of activity where an individual or a group of individuals restricts their autonomy for the purpose of personal benefits due to holding of such superior position is known as paternalism.
Hence, the significance of paternalism is given above.
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Grasping, strategies for problem solving, driving a car, and balancing a budget are all examples of ______, according to piaget.
Grasping, strategies for problem-solving, driving a car, and balancing a budget are all examples of Schemas.
What is Schemas?A schema is defined as a pattern of contented or behavior that handles informational categories and the relations between them, according to psychology and cognitive science.
Schemas can be seen in the act of grasping, problem-solving techniques, operating a vehicle, and budgeting.
Therefore, the given events are the examples of Schemas.
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