Answer:
Price of good x is $3
Price of good y is $4
Herm promises to pay Nixie to work as an assistant buyer for his Organic Foods stores. Nixie agrees and quits her job with Pic-U Grocery, but Herm does not hire her. Herm is most likely liable to Nixie under
Answer:
the job that he works at
Explanation:
he quit
Herm is most likely liable to Nixie under the doctrine of promissory estoppel.
What are Organic Foods?The manner agricultural products are cultivated and processed is referred to as "organic." While rules differ from nation to nation, in the United States, organic crops must be grown without the use of synthetic fertilizers, pesticides, herbicides, or fertilizers, as well as without the use of bioengineered genes.
Produce can be referred to as organic if it was grown on soil without any prohibited substances applied for three years prior to harvest, according to certification. The majority of synthetic fertilizers and insecticides are prohibited substances.
Produce grown organically uses fewer pesticides. In conventional agriculture, synthetic fungicides, herbicides, and insecticides are frequently utilized, and their residues stay on (and in) the food we eat.
Hence, Herm is most likely liable to Nixie under the doctrine of promissory estoppel.
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Why do exchange rates for currency exist
A. To be confusing to travelers.
B. Because every currency is backed by gold or silver.
C. People have a demand for other currencies.
D. It is mandated by the United Nations.
Answer:
C. People have a demand for other currencies.
Explanation:
When a profit-maximizing firm in a monopolistically competitive market is producing the long-run equilibrium quantity, Group of answer choices its average revenue will equal its marginal cost. its marginal revenue will exceed its marginal cost. it will be earning positive economic profits. its demand curve will be tangent to its average total cost curve.
Answer:
The correct answer is the last option: Its demand curve will be tangent to its average total cost curve.
Explanation:
To begin with, in the microeconomics theory the "monopolistically competitive" market is refered to that one whose main characteristics reside in the same as the perfect competition but with the major difference of exisiting the differentiation of the product or service in the market, so for that reason the competition is basically stimulated by the publicity and other factors that will differentiate their product against the other ones. Moreover, due to the short run equilibrium and therefore to the obtanining of big economic profits from part of every company in the market then more other companies will enter and once that happens then the profits of everybody will decrease. And that in the graphic has it major difference with the average total cost curve being tangent to the demand curve, which do not happen in the short run.
CVP analysis focuses on how profits are affected by ______. Multiple select question. unit variable cost total fixed costs selling price sales volume break-even point mix of products sold
Answer:
Total cost
Break even point
Mixed of product sold
unit variable cost
selling price
Sales volume A , B, C, D , E , F
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Cost-volume-profit (CVP) analysis focuses on how profits are affected by selling prices, sales volume, unit variable costs, total fixed costs, and mix of products sold. The correct options are a, b, c, d and f.
What is cost-volume-profit (CVP)?Cost-volume-profit (CVP) analysis is a method of cost accounting that looks at the impact that varying levels of costs and volume have on operating profit. Companies can use CVP to see how many units they need to sell to break even (cover all costs) or reach a certain minimum profit margin. CVP analysis makes several assumptions, including that the sales price, and fixed, and variable costs per unit are constant.
The cost-volume-profit analysis, also commonly known as breakeven analysis, looks to determine the breakeven point for different sales volumes and cost structures, which can be useful for managers making short-term business decisions.
CVP analysis makes several assumptions, including that the sales price and e, fixed and variable costs per unit are constant.
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Remote Control Corporation sends a post-purchase questionnaire to all consumers who buy their products. They are interested in gathering data on product quality, customer service orientation, and customer satisfaction. This is an example of
Answer:
feedback control
Explanation:
From the question we are informed about Remote Control Corporation who sends a post-purchase questionnaire to all consumers who buy their products. They are interested in gathering data on product quality, customer service orientation, and customer satisfaction.in this case, This is an example of feedback control.
The feedback control can be regarded as practice of responding meaningfully to customers when they leave feedback. For instance, if a customer lay a complains about being overcharged, The response of the company could be an apology as well as issueing of a refund.Customers may give feedback in a situation whereby they have a particularly memorable experience
Perry Mazza wants to borrow $30,000 from the bank. The interest rate is 5% and the term is for 5 years.
What is the amount of interest paid?
$15,000
$30,000
$1,500
$300
Answer:
The amount of interest paid is $ 1,500.
Explanation:
Given that Perry Mazza wants to borrow $ 30,000 from the bank, and the interest rate is 5% and the term is for 5 years, to determine what is the amount of interest paid, the following calculation must be performed:
(30,000 x 5) / 100 = X
150,000 / 100 = X
1,500 = X
Therefore, the amount of interest paid is $ 1,500.
A monopoly firm faces two markets where the inverse demand curves are:
Market A: P_A = 140 - 2.75Q_A.
Market B: P_B = 120 - Q_B.
The firm operates a single plant where total cost is C = 20Q + 0.25Q^2, and mammal cost is m = 20 + 0.5Q.
Required:
1. Suppose the firm sets a single price for both markets. Using the information above, the profit maximizing price is $86.18 and the profit maximizing quantity is 53.37 units. Given this information, you determine that the firm will earn a profit of $ _________.
2. Now suppose the firm is able to engage in group price discrimination. To maximize profits, the firm will produce 16.95 units for market A and charge customers in market A a price of $ 93.39 per unit. And it will produce 36.6 units for market B and change customers in market B a price of $ __________ per unit.
3. If the firm engages in your price discrimination it will earn a profit of $ ___________.
Answer:
1. The firm will earn a profit of $2,819.94.
2. The firm will charge customers in market B a price of $83.40 per unit.
3. If the firm engages in your price discrimination it will earn a profit of $2,847.50.
Explanation:
Given:
Market A: P_A = 140 - 2.75Q_A ………………….. (1)
Market B: P_B = 120 - Q_B ……………………………(2)
C = 20Q + 0.25Q^2 ……………………………………… (3)
Marginal cost = m = 20 + 0.5Q …………………… (4)
Therefore, we have:
1. Suppose the firm sets a single price for both markets. Using the information above, the profit maximizing price is $86.18 and the profit maximizing quantity is 53.37 units. Given this information, you determine that the firm will earn a profit of $ _________.
P = Profit maximizing price = $86.18
Q = Profit maximizing quantity = 53.37
R = Total revenue = P * Q = $86.18 * 53.37 = $4,599.43
Substituting Q = 53.37 into equation (3), we have:
C = (20 * 53.37) + (0.25 * 53.37^2) = $1,779.49
Profit = R – C = $4,599.43 - $1,779.49 = $2,819.94
Therefore, the firm will earn a profit of $2,819.94.
2. Now suppose the firm is able to engage in group price discrimination. To maximize profits, the firm will produce 16.95 units for market A and charge customers in market A a price of $ 93.39 per unit. And it will produce 36.6 units for market B and change customers in market B a price of $ __________ per unit.
This implies that we have:
Q_B = 36.6
Substituting Q_B = 36.6 into equation (2), we have:
P_B = 120 - 36.6 = 83.40
Therefore, the firm will charge customers in market B a price of $83.40 per unit.
3. If the firm engages in your price discrimination it will earn a profit of $ ___________.
Q_A = 16.95
P_A = 93.39
R_A = Market A Revenue = Q_A * P_A = 16.95 * 93.39 = 1,582.96
Q_B = 36.6
P_B = 83.40
R_B = Market B Revenue = Q_B * P_B = 36.6 * 83.40 = 3,052.44
R = Total revenue = R_A + R_B = 1,582.96 + 3,052.44 = 4,635.40
Q = Q_A + Q_B = 16.95 + 36.6 = 53.55
Substituting Q = 53.55 into equation (3), we have:
C = (20 * 53.55) + (0.25 * 53.55Q^2) = 1,787.90
Profit = R - C = 4,635.40 - 1,787.90 = 2,847.50
Therefore, if the firm engages in your price discrimination it will earn a profit of $2,847.50.
All of the following actions lead to the payment of a credit card fee EXCEPT... Using your credit card to get cash from an ATM. Using your credit card to purchase items in a foreign country. Paying your credit card bill ten days after the Due Date. Paying your credit card bill in full and on time every month.
Answer:
Paying your credit card bill in full and on time every month.
Explanation:
The other choices will most likely prompt a fee to be charged.
The process of creating, promoting, and presenting a product to meet wants and needs of consumers is called ___________. Group of answer choices marketing selling distributing retailing
Morrison Associates, a law firm, encourages its lawyers to learn from each other about how they can handle their cases better. It encourages the lawyers to share their best practices and collectively work toward meeting the objectives of the firm. This is an example of _
Answer: Internal benchmarking
Explanation:
Benchmarking on its own is a process that companies use to improve and it works by them comparing certain aspects of their business to others to see if they can do better.
This process can be internal as well and the scenario described is one such example. When employees compare their cases to see how to handle it better, they are comparing aspects of the business in order to grow the business so this falls under benchmarking.
The scenario below should be used for the following two questions. Your company, Johnson Farm Products, has decided to expand its traditional business serving farm owners in order to include home gardeners in its customer base. This change is not met with enthusiasm by the sales personnel who have had good long-term relationships with area farmers. You know that the change will be difficult to implement if you cannot overcome the resistance of the sales personnel and obtain their cooperation. You have brought in the local extension agent to explain demographics and the changing nature of the area in which you live. The method for overcoming resistance that you have chosen is ________. Group of answer choices
Answer:
Education and communication
Explanation:
Education and Communication is the method to be used. Communicating the reasons behind a change can reduce employee resistance on two levels.
First, it prevents misinformation and poor communication: If employees receive the full facts and clear up misunderstandings, resistance should subside.
Second, communication can help portray the need for change by packaging it properly.
What is an example of a general safety hazard?
poorly maintained equipment
contaminated water
blizzard
employee retaliation
Answer:
poorly maintained equipment
Answer:
contaminated water
Explanation:
if the water doesnt get boiled it will make you sick, contaminated water can make you sick easily so its a safety hazard
You should make sure to send a ____ letter to the person who interviewed you:
A. thank-you
B. cover
C. recommendation
D. formal
Answer:
Maybe a thank you letter?
I’m not sure if its correct
Explanation:
Vivian has just been promoted to management after years of working at the company. She is very excited, but nervous to now be the boss of several of her colleagues. What would be good advice for her
Answer:
Trust her gut and stay calm under any circumstances
Regrading the management, the good advice for her would be take a learning orientation approach which engages in self-development.
What do you mean by the management?In order to achieve desired goals and objectives, a person or group of people must be challenged and managed, according to the concept of management.
In management, efficiency is the ability to complete tasks effectively and economically. In order to provide measurable results, tasks must be completed within predetermined deadlines.
All parties involved in the business, such as the government, consumers, and employees, should have their interests taken into account by management. For the organization, managers are in charge of setting and achieving goals.
Therefore, the regrading the management, the good advice for her would be take a learning orientation approach which engages in self-development.
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Louis is a member of the marketing team on the Superb Mattress account. Recently, he has emerged as a team leader. His supervisor, Michele, is letting Louis make the final decision as to which campaigns are presented to the client. This provides Louis with
Answer:
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Residual, a company that manufactures soda, offers its latest products at very low prices. Residual's strategy is based on the assumption that more customers will be willing to buy its products if they are offered at lower prices. Residual has adopted this strategy to attract a larger customer base and increase its sales volume even though it will only gain a small profit on each individual sale. In this scenario, Residual has implemented the _____ strategy.
Answer:
"Penetration pricing" is the right answer.
Explanation:
This seems to be a payment category for clients throughout the beginning design phase of the project commodity that the lender spends relatively cheap prices.This enables everything to infiltrate the competition or marketplace as well as overthrow its potential competitors, and here's the similar thing.Thus the above is the appropriate solution.
write the
5 imp of professsion
What is one good fact about USA??
Which is an example of E-commerce?
Answer:
A rrespuesta A espero sea correcta
All of the following could be included in a thank-you letter except
A. reiterating your interest in the position.
B. thanking the interviewer for choosing you.
c. thanking the interviewer for considering you.
D. highlighting what you learned in the interview.
Thanking the interviewer for choosing you would not be appropriate as the final decision may not have been made at the time the thank-you letter is sent, and it can come across as presumptuous. Therefore, thanking the interviewer for choosing you should not be included in a thank-you letter. Thus, option B is correct.
What is thank-you?A thank-you letter is a letter that you send to express your gratitude and appreciation for someone's time, help, or consideration. In the context of a job interview, a thank-you letter is usually sent to the interviewer(s) after the interview to thank them for their time and consideration and to reiterate your interest in the position.
Here are some things that you could include in a thank-you letter:
Start with a proper salutation, such as "Dear [Interviewer's Name],"Express your gratitude for the interviewer's time and consideration.Reiterate your interest in the position and highlight why you think you would be a good fit.Reflect on what you learned from the interview and how you can contribute to the company.If you forgot to mention something during the interview, you can include it in the thank-you letter.End the letter by thanking the interviewer again and expressing your enthusiasm about the possibility of working with them.Sign off with a professional closing, such as "Sincerely," or "Best regards," followed by your name.Remember to proofread your letter carefully before sending it to avoid any spelling or grammatical errors.
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Pls asp
In the United States, which of the following is only provided by the government?
O Health Care
O Police
O Railroads
O Housing
Answer:
Police
Explanation:
I asked Alexa and that's what she said xD
By identifying and investing early in a potential future economic star, international firms can ________ and gain experience in that country's business practices. Group of answer choices build brand loyalty build infrastructure begin to stockpile that country's currency learn which government officials need to receive kickbacks
Answer:
build brand loyalty
Explanation:
The companies could develop the brand loyalty via a deep understanding of the customer priorities and their buying behavior also it aligned what they stand. Here the effective brand would create the strong and creative identity that can the customer can related also this identity would remain the same over the time period
Therefore as per the given situation, it is a build brand loyalty
The required reserve ratio is 0.2 and the Federal Reserve sells $1 million in securities. If there are no leakages and banks do not hold excess reserves, then which of the following is the change in the money supply? An increase of $1 million Answer A: An increase of $1 million A An increase of $1.2 million Answer B: An increase of $1.2 million B An increase of $5 million Answer C: An increase of $5 million C A decrease of $1.2 million Answer D: A decrease of $1.2 million D A decrease of $5 million
Answer:
The answer is a decrease of $5 million.
Explanation:
An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:
Uniontown Books began operating in 2011. The company lost money its first three years of operations, but has had an operating profit during the past two years. The company's operating income (EBIT) for its first five years was as follows: Year EBIT 2011 -$2,200,000 2012 -$2,000,000 2013 -$1,000,000 2014 $1,200,000 2015 $7,000,000 The company has no debt, and therefore, pays no interest expense. Its corporate tax rate has remained at 34% during this 5-year period. What was Uniontown's tax liability for 2015
Answer: $1,020,000
Explanation:
Uniontown's tax liability for 2015 will be calculated thus:
Firstly, we'll calculate the loss to be adjusted in 2015 which will be:
2011 = $1,000,000
2012 = $2,000,000
2013 = $1,000,000
Total = $4,000,000
The profit after the adjustment of loss will be:
= EBIT in 2015 - Adjusted loss
= $7,000,000 - $4,000,000
= $3,000,000
Since Corporate tax rate is 34%, then. The tax liability for 2015 will be:
= $3,000,000 × 34%
= $1,020,000
Therefore, Uniontown's tax liability for 2015 is $1,020,000.
Note that from the total loss of $2,200,000 in 2011, $1,000,000 is adjusted in later years as $1,200,000 is adjusted in 2014.
Radson Inc. decides to factor its accounts receivables which are due a year later with another firm. The firm agrees to advance 85% of the accounts receivables, which average to about $450,000 per year. It would charge a fee of 1.5% on the total amount and the advance would be at the rate of 13.5% per annum. It is estimated that, due to the factoring decision, Radson would save $15,000 in collection charges. Using the facts above, compute the annual cost of factoring to the company.
Answer:
11.34%
Explanation:
Computation for the annual cost of factoring to the company
Annual factoring expenses=43,388/($450,000*85%)
Annual factoring expenses = 43,388/382,500
Annual factoring expenses = 0.1134*100
Annual factoring expenses= 11.34%
Therefore the annual cost of factoring to the company is 11.34%
A division within Sherman Inc. suggested the top management hold an open house featuring product demos, recreational activities, and office tours. Every employee of the company along with numerous company-outsiders was invited to the event. The workers and company guests mingled with each other and discussed the various facets of Sherman Inc., and the event became a grand gala success. Which type of department recommended these steps to top management, and what was the reason behind its recommendation
Answer:
Public relations department
Explanation:
The Department of Sherman Inc that would have recommended these steps to the management will most definitely be the public relations department, as this steps are in line with the duties/functions of a public relation department in every firm.
The purpose is to create a greater rapport between the company, customers and members of staff and also to improve community support
True or false. A direct deposit is when you take your check straight to the bank when you receive it
Answer:
false
Explanation:
What are the basics of the stock market and how does one put these basics into play?
Answer:
Bru.h it's a hoaxxxx
Explanation:
Fiat money Select one: a. has no intrinsic value. b. is any close substitute for currency such as checkable deposits. c. is a medium of exchange but not a unit of account. d. is backed by gold.
Answer:
is a medium of exchange but not a unit of account