The benefits plan that allows employees to choose the benefits most meaningful to them while staying within a predetermined dollar amount, is called a Cafeteria benefits plan.
They are plans made by the employer for an employee, where an employee can choose which benefit they need to satisfy themselves. These plans are more complex and time-consuming.
It shaves off an individual's tax liability, flexible. The employees can choose the benefits of their choice before payroll taxes are calculated from a pool of options offered by their employers.
These plans become more when employees seek more personalized benefits that are tailored to their needs.
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Indicate whether you agree or disagree with the following statements."If nominal GDP is less than real GDP, then the price level must have fallen during the year."
I disagree with the statement that if nominal GDP is lower than real GDP, the price level must have fallen during the year. Nominal GDP is the market value of all goods and services produced in a given time period, while real GDP is the same measure of economic output adjusted for inflation.
Although a fall in nominal GDP might indicate a fall in prices, this is not necessarily the case. It is possible that real GDP could remain unchanged while nominal GDP would decrease due to an increase in the inflation rate. In this case, the price level would not fall, but rather rise. Therefore, it is incorrect to conclude that the price level must have fallen simply because nominal GDP is lower than real GDP.
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with joint costing, when deciding whether to sell at the split-off point or to process further, are the joint costs relevant to that decision?
Determining what to do with the product after the point of split-off requires consideration of the shared costs.
Relevant costs are those costs that can be avoided if an organization discontinues a given product line and provide crucial information about the profitability and efficiency of that product line.
Determining what to do with the product after the point of split-off requires consideration of the shared costs. These costs, however, are irrelevant when selecting whether to sell a product or continue processing it because they cover every expense associated with these products, from their purchase through their manufacture. If the corporation uses joint costs to make decisions, then they will be irrelevant.
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powers company reported net sales of $1,340,000, average accounts receivable, net of $64,500, and net income of $56,975. the accounts receivable turnover ratio is:
For Powers Company, the accounts receivable turnover ratio is 20.8%.
What Is Turnover Ratio?The turnover proportion or turnover rate is the rate of a common finance or other portfolio's possessions that have been supplanted in a given year (calendar year or whichever 12-month period speaks to the fund's financial year).Higher turnover rates cruel expanded support costs, which can diminish the fund's in general execution.Higher turnover rates can moreover have negative assess results. Reserves with higher turnover rates are more likely to bring about capital picks up charges, which are at that point conveyed to financial specialists.How do I calculate the turnover ratio?The given data is,
Net sales =$1,340,000
Average accounts receivable=$64,500
Net income=$56,975
Turnover ratio= Net sales/ Average accounts receivable
=1,340,000/64,500
=20.8 times.
For Powers Company, the accounts receivable turnover ratio is 20.8%.
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assume that at one point a business sells shelving for a price of $40 each, which cost $10 to produce (variable costs). the business's fixed expenses for the period are $3,000. what is the break-even point?
Let's say a company formerly offers shelving for $40 per, with a $10 production cost (variable costs). The company's $3,000 fixed costs during the time period. 100 units are needed to the break-even point.
Numerous aspects of business and finance make use of breakeven points. It is the output level when total production income and total production expenses are equal in accounting terms. The breakeven point in investment is the moment when the initial cost and the market price are equal.
In this case, there are $2,000 in fixed costs, $20 in unit costs, and $10 in variable costs. After rearranging the formula and accounting for a breakeven point net profit of zero dollars, we discover that the breakeven point quantity is equal to the fixed costs divided by the difference between the variable cost and unit price.
Thus, $3,000 / ($40/unit - $10/unit) = 100 units at the break-even point.
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Which of the following is the best definition of the opportunity cost of a decision? he difference between the benefits of the first and second best choices
Time spent due to the decision
The sum of all benefits from all foregone alternatives
Actual financial cost of the decision
Benefits from the best foregone alternative
Benefits from the best foregone
The best definition of the opportunity cost of a decision is: Benefits from the best foregone alternative.
What is opportunity cost?This refers to economic term for expressing cost, in terms of foregone alternative. it is the cost of something that has to be given up to enjoy something better. This can be for example the benefits of second best alternative.
In other words, it is that limited resources, the purchaser of goods has to choose between mutually exclusive alternatives. Therefore, one item does not get procured due to the choice and limited resources. Something needs to be given up in order to procure something else.
Opportunity cost is the loss or the benefit that could have been enjoyed if the alternative choice was chosen.
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your electric bill is $134. you are charged 8% simple interest for late payments. how much do you owe if you pay the bill 3 months past the due date? (round your answer to two decimal places.)
After solving, $2.68 we owe if you pay the bill 3 months past the due date.
In the given question, our electric bill is $134.
We are charged 8% simple interest for late payments.
We have to find how much simple interest is due if you pay the bill 3 months past the due date.
We know that
S.I.=P×R×T/100
Here P = $134
R = 8% p.a.
T = 3/12years
So S.I. = 134×8×(3/12)/100
S.I. = 2.68
Hence, $2.68 we owe if you pay the bill 3 months past the due date.
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34 . after closing entries have been posted . a. all temporary accounts will have a zero balance b. all permanent accounts will have a zero balance c. only temporary accounts carry balances d. none of the statements are correct
The balances of the temporary accounts will be 0 after closure entries have been posted.
Following the posting of closing entries, what happens?Closing entries are the journal entries that are used to move the balances from these temporary accounts to permanent accounts. The temporary account balances will appear in the retained earnings after the closing entries have been made (a capital account).
After closing entries have been posted, what should you prepare?Following the closing entries
In order to ensure that the debits and credits are equivalent, we will create a trial balance as before. Now, the only distinction is that only the permanent accounts that have balances should be present when you review the ledger to check for any discrepancies.
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in which type of organization do managers spend a lot of time coordinating and controlling the network of contractors and strategic alliances?
The management of a network of contractors and strategic relationships takes up a significant amount of time in network organizations.
A network organization is a type of company where personnel are organized into small, multidisciplinary teams that collaborate on their own to accomplish shared objectives. The organization does not rely on the conventional top-to-bottom supervisory processes under this kind of arrangement. In a network organizational structure, specific staff categories are grouped together based on a shared speciality.
These staff members then team up with other professionals from throughout the company to take on new tasks and advance a common objective. The well-known brand H&M (Hennes & Mauritz), which has supporters all over the world, is an example of a company that has been exploiting network structure. H&M has contracted with many nations, mostly those in Asia and South East Asia, to produce and process their products.
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Armed with the knowledge from completing the buine cae in the challenge tak, you wanted to adapt the Buine Model Canva to your company' colour palette. Which component of the Buine Model Canva doe Miro provide you with the ability to cutomie the tyle of?
A business model can be developed or presented visually using a business model canvas.
What is a business model?A business model outlines how it produces, delivers, and captures value in economic, social, cultural, and other contexts. The term "business model" is used in both theory and practice to refer to a broad range of informal and formal descriptions that characterize the core functions of an organization or business, such as its mission, core processes, target market, offerings, strategies, organizational structures, sourcing strategies, trading practices, operational processes and policies, including its culture. In the literature, there have been numerous definitions and analyses of the business model. A rigorous evaluation and analysis of management survey responses revealed that business models are organizational frameworks developed to realize economic potential.
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arborview plant science company has invented a drought resistant grass seed that only needs watering three times each year. in order to expand distribution world wide, the company whose product produces lush green foliage needs a large amount of funding - fast! the handful of seed scientists that own the company decides to offer shares of stock to general investors. this first-time offering is a(n): a.broad based offering (bbo). b.stock fund offering (sfo). c.initial public offering (ipo). d.stock equity commission (sec).
Correct choice is initial public offering.
Initial public imparting (IPO) An initial public providing occurs when a enterprise presents inventory for sale to the public for the first time. Seasoned equity imparting (SEO) The sale of extra shares of stock through a enterprise who shares are already publicly traded.
What is the purpose of an preliminary public offering IPO?
An IPO permits a corporation to increase equity capital from public investors. The transition from a personal to a public employer can be an necessary time for private investors to totally realize features from their funding as it commonly includes a share top class for present day non-public investors.
For example, a listed organization with 8 million shares exceptional can offer to the public some other two million shares.
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https://brainly.com/question/15738101#SPJ4the emphasis of economic benefits of logging, grazing, and mining on public lands comes from the philosophy of utilitarian conservation or
The emphasis on the financial advantages of mining, grazing, and logging on public lands stems from the utilitarian conservation school of thought.
The forestry and forest products sectors are significant employers in California. In the rural areas of the state, where timber is converted into goods like lumber, forestry and logging are a significant source of employment. Manufacturing downstream forest products, which use primary forest products like lumber to make homes, cabinets, and furniture, is also profitable. Manufacturing of forest products contributes significantly to California's economy, helping both rural and urban areas of the state as well as the state's forests to remain healthy.
This analysis offers an assessment of the direct economic advantages of present forest management practices and associated forest product industries, including those that help urban areas as well as rural, forest-dependent people.
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which erisa rules prohibit employers from designing retirement plans to benefit highly-paid employees disproportionately over other employees?
Employers are prohibited from creating retirement plans that unfairly favor highly paid employees over lower paid employees by non-discrimination laws.
In accordance with funding regulations, employers of so-called "defined benefit" plans are required to make a minimum funding contribution in order to cover their future pension obligation to employees for retirement plans.
A plan trustee must be chosen in order to adhere to the fiduciary duty standards and make decisions on the plan in the best interests of the employees.
To prevent employers from making unduly substantial tax-deductible contributions, which would significantly lower their taxable income, contribution limits are established under ERISA (remember, the government needs to collect taxes to run).
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lemon co. has net income of $600,000 and 65,000 shares of stock. if the company pays a dividend of $1.42 per share, what are the additions to retained earnings?
The returns that shareholders can anticipate from the corporation are known as dividends. Only in exceptional cases when a dividend must be paid out of capital are dividends ever paid from earnings.
The balance that remains after dividend payments is added to retained earnings.
The computation of the addition to retained earnings is as follows:
Total dividends to be paid are:
Dividends total = 65,000 divided by 1.42
Dividends in whole came to $ 146,200.
$600,000 total annual income
146,200 less was paid in dividends.
$633,800 extra on top of retained profits
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4) refers to the stages a product goes through. a) marketing intermediary b) test marketing c) brand insistence d) product life cycle
Marketing intermediaries are independent companies that help the movement of goods and services from producers to end consumers;
These include agents, wholesalers, and retailers; Marketing agencies; physical distribution companies; and financial institutions. It is also called an intermediary. Test marketing is a method of studying consumer reactions to a product or marketing campaign by making it available in the market for limited testing before a wider release.
Brand insistence means that a customer is completely loyal to a particular brand. The product life cycle consists of four stages: introduction, growth, maturity, and decline. Many products are still in a long-term maturation phase.
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a retailer would separate children's clothing purchased from carter's into various sizes and types of clothing, such as size 6 shirts, size 2t shorts, and size 4t sun dresses. this process is called:
The American clothing and accessories company Carter's specialises in sleepwear, dresses, underwear, and much more for kids from infants to young children.
For information on sizes for newborns, babies, toddlers, and kids, see the charts below from Carter's. OshKosh B'gosh, Skip Hop, Just One You, Genuine Kids, Child of Mine, and Simple Joys are a few of Carter's brands. A wide array of products result from this wide range of brands. Carter's includes size guides for all items, including shoes, pyjamas, baby socks, caps, and gloves. The size tables are arranged according to the age, weight, and length of your children because children are constantly developing and their sizes are changing.
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how would flexible exchange rates in the foreign exchange market impact fiscal and impact monetary policy?
Flexible exchange rates provide the framework for effective monetary policy focused on a medium term inflation target. The exchange rate regime enhances the power of monetary policy to moderate business cycle fluctuations and the output gaps they create.
bendy alternate charges may be defined as change prices decided with the aid of global delivery and demand of currency. In other phrases, they're charges of foreign exchange determined by means of the marketplace, that may rapidly trade because of supply and call for, and aren't pegged nor managed by way of significant banks. bendy exchange fee machine is the change machine where the exchange price relies upon the deliver and call for of money inside the marketplace. In a bendy trade rate device, the cost of the currency is authorized to differ freely as per the changes in the demand and delivery of the foreign exchange.
Currencies with floating exchange prices may be traded without any restrictions, not like currencies with fixed exchange fees. despite the fact that the floating exchange rate isn't always totally decided with the aid of the authorities and relevant banks, they could intrude to keep the currency at a good rate for international change.
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Please select the word from the list that best fits the definitionSmoking contributes to air pollution.a. Too narrowb. Too broadc. Just right
The definition Smoking contributes to air pollution can be categorized as too broad.
A definition is often regarded as being "too broad" if it includes items that are not referents of the concept or if it does not explicitly state why the item is connected with the idea. The author of the aforementioned remark omitted any information about how or how smoking affects air pollution.
The definition should have included how smoking contributes to air pollution, who is responsible for it, how can we reduce and what restrictions can be imposed to reduce the air pollution. As these information is not present, we consider the definition to be too broad.
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which of the following would not be classified as an operating activity? a.payment of accrued income taxes b.payment of accrued selling expenses c.payment of accrued interest expense d.payment of dividends
Accrued interest expense payment is not regarded as a company's ability to generate.
What is a sample of an interest expense?The line item "Interest Expense - Net" may be for $90 if, for instance, a company pays $100 in interests on a loan and gets $10 in intrigue from such a savings account because there are more expenditures than income.
What is an expense for interest?A non-operating item that appears on the financial report is interest expense. It stands for the interest due on all borrowings, including bonds, loans, convertible debt, and credit lines.
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if a brand is included in a consumer's evoked set, which marketing strategy is not appropriate? maintenance strategy intercept strategy capture strategy preference strategy all of the above are appropriate
If a brand is included in a consumer's evoked set, an intercept strategy marketing strategy is not appropriate.
primary consumers, secondary consumers, tertiary consumers or ultimate consumers are different types of consumers. These types are according to the trophic level to which they belong.
A consumer is a person or group who intends to order or use purchased goods, products, or services primarily for personal, social, family, domestic, and similar needs that are not directly related to business or entrepreneurial activity. Consumers are people or organizations that purchase products or services. The term also refers to the rental of goods and services. They are people or other economic entities that use a good or service. Besides, they don't sell the goods they bought.
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Pam always drives under the speed limit to her risk and keep insurance costs down. even so, she got into an accident and filed a to cover the expenses of repairing her car. one of the costs of doing so was that her insurance would likely increase in the future.
1. reduce2. claim3. premiums
In order to lower her risk and her insurance costs, Pam always drives inside the speed limit.
How would you define insurance?Describe insurance. Insurance is a tool for risk management. When you buy insurance, you get protection from unforeseen financial losses. If something unfavourable occurs, the insurance provider reimburses you or a different person of your choice.
What benefits does insurance provide?All insurance policies achieve the fundamental objective of protecting the insured against disaster by enlisting the help of numerous individuals who are willing to pay a fee in exchange for taking on their risks. The foundation is also utilised to invest in the markets and raise money.
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by making exchange ________, money allows for ________ and higher ________.
By making exchange easier, money for specialization and higher productivity.
There would be less productivity, performance, progress and less specialization without money in the economy. Therefore, money can be less produced from the same quantity of resources if the proper system of exchange does not exist. Money allows the specialization and brings higher productivity and performance in the economy. Hence, money allows us to use our scarce resources wisely and produce higher with the same resources.
In addition, by making the money exchange easier in the economy, money allows for specialization and higher productivity.
The complete question is given below:
"
by making exchanges ________, money allows for ________ and higher ________.
easier;
specialization;
costs. harder;
generalization;
productivity.
"
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describe the likely effect on the yield to maturity of a bond resulting from an increase in the issuing firms's times-interest-earned ratio?
The Yield to maturity is the bond for the issuer is affected when there is an increase in the firm's debt-to-equity ratio.
The firm's times interest earned ratio is defined as the ratio of earnings before interest & taxes to the payments of interest made by the business.
Yield to maturity (YTM): it is the total return anticipated on a bond if the bond is held until it matures. It is considered a long-term bond yield but is expressed as an annual rate. We can also say that it is the internal rate of return (IRR) of an investment in a bond if the investors hold the bond until maturity, with all the payments made as scheduled and reinvested at the same rate.
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ronaldo receives a schedule k-1 from a family business that he does not actively participate in. on it, he shows interest income of $245 and dividends of $681. the schedule k-1 also includes $275 in annuities. ronaldo also has a passive loss of $1,721 from another business. can he offset the loss with the schedule k-1 income?
The correct answer is Option A that is No, he cannot offset passive losses using investment income unless there is enough gain to wipe the loss out completely.
K-1s are provided to the IRS along with corporate tax returns and to all partners so they can add information to their tax returns.
For businesses that operate as a partnership, it is the partnership that is usually responsible for paying taxes on the business' income, not the business. Each partner is responsible for filing a tax return to report their income, losses, deductions and tax credits that the business has reported on the 1065 tax return. Therefore, the partnership must prepare a Schedule K-1 to report each partner on this tax.
It is not possible for Ronaldo to offset the loss using the income from the investment unless there is sufficient gain to wipe out the loss entirely.
It is possible to offset the loss using the income from the investment only when there is sufficient gain through which loss occurred wipe out entirely. Ronaldo also has a passive loss of $1,721 from another business so it is not possible to offset the loss with the schedule k-1 income.
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Complete Question:
Ronaldo receives a Schedule K-1 from a family business that he does not actively participate in. On it, he shows interest income of $245 and dividends of $681. There is also $275 in annuities. Ronaldo also has a passive loss of $1,721 from another business. Can he offset the loss with the Schedule K-1 income?
A. No, he cannot offset passive losses using investment income unless there is enough gain to wipe the loss out completely.
B. Yes, he can offset $926 of the loss using the interest and dividends, but not the annuities.
C. No, he cannot offset passive losses with portfolio income.
D. Yes, he can offset $1,201 of the loss using the investment income.
only goods and services are included in the estimation of nominal gdp, the dollar value of output produced in an economy. t or f
Only goods and services are included in the estimation of nominal GDP, the dollar value of output produced in an economy - True
When we discuss nominal gross domestic product, we're referring to GDP that has been determined using current market prices. The value of all the commodities and services a country generates is gauged by its GDP. The distinction between nominal and real GDP is that the former does not take inflation-related price fluctuations into account.
A measure of economic output in an economy that accounts for current prices is called nominal GDP. Since neither inflation nor the pace of price rises are taken into account, the growth rate may be overstated. Nominal GDP is calculated using the prices that were actually paid for all goods and services during that year.
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which service traditionally found in a central business district (cbd) is the most likely to still be located there today?
Advertising, banking, and finance are just a few of the services that are still most likely to be found in the central business district (CBD).
The business hub of a metropolitan area is known as the CBD, or Central Business District. It houses the majority of the city's stores, workplaces, and financial institutions. Typically, it is the city's most accessible area.
A sizable portion of urban regions' public, commercial, and consumer services are located in the CBD.
A CBD primarily serves to give businesses a concentrated and centralized location in which to operate. This explains why a CBD frequently has a concentration of office buildings, banks, and other companies. Retail establishments, dining establishments, and various types of entertainment can all be found in a CBD.
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ancient grains inc. issued a 4 month note in the amount of $500,000 on october 1, 2021 with an annual rate of 5%. what amount of interest has accrued as of december 31, 2021?
According to the given statement $6,250 amount of interest has accrued as of december 31, 2021.
What is annual interest rate?The annual percentage rate (APR) is the term used to refer to the yearly interest that is generated by a sum that is paid to investors or assessed to borrowers (APR). The annual percentage rate, or APR, represents the true cost of borrowing cash over the term of a loan or the return on an investment.
Briefing:As of October 1, 2021, the accrued interest was calculated as follows:
= Note amount × rate of interest × number of days ÷ total number of days
= $500,000 × 0.05 × 90 days ÷ 360 days
= $6250
From October 1 to December 31, 90 days are counted.
Consequently, $6,250 in interest has accumulated as of December 31, 2021.
The correct value was produced by utilizing only the aforementioned formula.
And the same must be taken into account.
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a marketing firm finds that a frozen dinner advertised as 95% fat free sells better than one marketed as having only 5% fat. what phenomenon does this most clearly illustrate?
The phenomenon that is given here most clearly illustrate framing effect.
What is framing effect?The framing effect is a cognitive bias in which people choose options based on whether they are presented with positive or negative connotations, for example, as a loss or a gain.
People tend to avoid risk when presented with a positive frame, but seek risk when presented with a negative frame.
The framing effect is a cognitive bias in which an individual's choice from a set of options is influenced more by the presentation than by the content of the relevant information.
According to the marketing firm, a frozen dinner advertised as 95% fat free sells better than one advertised as having only 5% fat, which basically describes framing effect.
Thus, the phenomenon described here best exemplifies the framing effect.
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An important reason the federal reserve would not want to keep interest rates at 0% forever is that doing so would?
An important reason why the Federal Reserve would not want to keep interest rates at 0% forever is that It restricts the Fed's ability to implement expansionary monetary policy when the subsequent recession hits.
The Federal Reserve System is the name of the nation's central banking system. The passage of Federal Reserve Act on December 23, 1913, was established in response to the need for centralized control of the monetary system to prevent financial crises following a string of financial panics.
A significant, pervasive, and long-lasting drop in economic activity is referred to as a recession. Economists calculate the length of a recession by comparing the apex of the previous expansion to the low point of the downturn. Recessions may not more than a few months, but it does take years for the economy of a nation to recover and return to its previous peak.
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Which employee is NOT closely
associated with operational expenses in
business?
A. Human Resources Generalist
B. Production Floor Assistant
C. Administrative Assistant
D. Office Adminstrator
A generalist in human resources is not primarily responsible for operational costs in a corporation.
What are resources?All materials available in our environment that are technologically accessible, economically possible, and culturally sustainable that assist us to satisfy our needs and desires are referred to as resources. Resources are divided into two types based on their availability:
The Human Resource Generalist is responsible for managing the day-to-day operations of the Human Resources (HR) division, including recruiting and interviewing new hires, processing payroll, handling benefits and leave requests, and enforcing business regulations and procedures.
An HR generalist is an all-rounder who handles everything from hiring to payrolling to employee benefits, whereas an HR specialist specializes in the fundamentals and processes of HR
Therefore, Thus option (A) is correct.
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to alleviate a financial crisis, ucr increases student fees. this action will increase university revenues if the price elasticity of demand for university education is:
to alleviate a financial crisis, ucr increases student fees. this action will increase university revenues if the price elasticity of demand for university education is: inelastic
Neoclassical economic theory places a high value on the concept of elasticity, which aids in the comprehension of a number of economic ideas, including the incidence of indirect taxation, marginal concepts related to the theory of the firm, wealth distribution, and various types of goods related to the theory of consumer choice. When analyzing welfare distribution, in particular consumer surplus, producer surplus, or government surplus, a grasp of elasticity is also crucial.
Elasticity is a term that appears in various key indicators and is present in many economic theories. These include the price elasticity of demand, supply, income elasticity, factor substitution elasticity, cross-price elasticity of demand, and intertemporal substitution elasticity.
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