Answer:
A business cycle includes the following:
1. Recession
2. Trough
3. Recovery
4. Expansion
Explanation:
A business cycle includes the following:
1. Recession
2. Trough
3. Recovery
4. Expansion
The characteristics of the expansion areas follows:
1. Economic Growth
2. Upward pressure on prices
A business cycle affects various sectors of a firm and an economy.
A business cycle refers to a tool that can be utilized to analyze the economy to make various financial decisions.
A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
(a) Find a function that models the revenue in terms of ticket price. (Let x represent the price of a ticket and R represent the revenue.) R(x) = _________
(b) Find the price that maximizes revenue from ticket sales. $______________
(c) What ticket price is so high that no revenue is generated? $___________
Answer:
a) R(x) = 51000 x - 3000 x²
b) When the Revenue is maximum, The price is $ 8.5
c) When No revenue is generated, The price of the ticket is $17
Explanation:
Given - A baseball team plays in a stadium that holds 54,000 spectators. With the ticket price at $10, the average attendance at recent games has been 21,000. A market survey indicates that for every dollar the ticket price is lowered, attendance increases by 3000.
To find - (a) Find a function that models the revenue in terms of ticket price.
(b) Find the price that maximizes revenue from ticket sales.
(c) What ticket price is so high that no revenue is generated?
Proof -
Let us assume that,
The price of a ticket = x
The revenue = R
Now,
a)
Total number of tickets sold , N = 21000 + 3000(10 - x)
= 21000 + 30000 - 3000 x
= 51000 - 3000 x
⇒Total number of tickets sold , N = 51000 - 3000 x
Now,
Revenue , R(x) = x * N
= x [ 51000 - 3000 x ]
= 51000 x - 3000 x²
⇒R(x) = 51000 x - 3000 x²
b)
For maximum Revenue,
Put [tex]\frac{dR(x)}{dx} = 0[/tex]
Now,
[tex]\frac{dR(x)}{dx}[/tex] = 51000 - 6000 x
⇒51000 - 6000 x = 0
⇒6000 x = 51000
⇒6x = 51
⇒x = [tex]\frac{51}{6}[/tex] = 8.5
∴ we get
When the Revenue is maximum, The price = $ 8.5
c)
If No Revenue is generated
⇒R(x) = 0
⇒51000 x - 3000 x² = 0
⇒1000 x ( 51 - 3 x ) = 0
⇒1000 x = 0, 51 - 3 x = 0
⇒x = 0, 3 x = 51
⇒x = 0, x = [tex]\frac{51}{3}[/tex]
⇒x = 0, x = 17
∴ we get
When No revenue is generated, The price of the ticket is $17
Explain to the management of SSSMM the impact of the following socio-
economic issues on their business.
a.Inflation
b.Dumping
Answer:
inflation
Explanation:
this a process by which prices of a particular goods are high
Mini-Case: Read the mini case and answer the questions that follow. Suppose the local Honda dealership is offering a special lease deal on the 2017 Honda Accord LX Coupe. With a 36-month lease, the monthly price is $219, not including tax. The lease also requires a down payment of approximately $2,380, plus the first month's payment and sales tax on the down payment. Nigel decides he wants to lease the Accord, and he enters into a contract with the Honda dealership. He makes his lease payment every month for 36 months and subsequently drives the vehicle for 36 months. (Assume that the terms of his contract mean the contract cannot possibly be performed within a year.) Based on the terms of this contract, how long would the performance of the contract take
Answer:
It would take 36 months
Explanation:
Based on the information given we were told that the dealership offers to lease the Honda Accord for 36 months which means that if Nigel have make a choice to lease the Accord by entering into a contract with the dealership after which the lease amount is paid by Nigel each month for 36 months in a situation were the contract terms cannot be possibly carried out within a year, Based on the terms of this contract between Nigel and the Honda dealership the performance of the contract would take 36 months because the Honda Accord lease deal is 36 months and secondly the lease payment is made every month for 36 months.
Identify a true statement about the different stages of a product life cycle. Select one: a. The production and marketing costs are generally low during the introduction phase of the product life cycle. b. As a product matures, profits for an initiating firm keep pace with sales. c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle. d. A seller makes price concessions, increases product quality, or expands outlays on advertising and sales promotion during the growth stage.
Answer:
c. Profits increase and are positively correlated with sales during the growth stage of the product life cycle.
Explanation:
A product life cycle can be defined as the stages or phases that a particular product passes through, from the period it was introduced into the market to the period when it is eventually removed from the market.
Generally, there are four (4) stages in the product-life cycle;
1. Introduction.
2. Growth.
3. Maturity.
4. Decline.
The true statement about the different stages of a product life cycle is that profits increase and are positively correlated with sales during the growth stage of the product life cycle because the growth stage is typically characterized by an acceptance of the product in the market by the consumers. Thus, there would be an increase in the quantity of goods sold (revenue) and a corresponding increase in profit.
Text written for advertising and marketing campaigns is referred to as
A. content.
B. context.
C. copy.
D. collateral.
Answer:
the correct answer is context
problems of the public sector provisioning
Answer:
erms in this set (6)
lack of accountability. nepotism, corruption, incompetence.
Inefficiency. Bureaucracy. ...
Difficulty in assessing needs. prone to under-or over-supplying public goods.
Pricing policy. prices can be over or under valued.
Parastatals. inefficient and in need of bailouts.
Privatisation.
Explanation:
Have a nice day, honey. ^_^ ^﹏^
Which has the rate of on-the-job injuries in increasing order?
state and federal prisons, county jails
county jails, state and federal prisons
state prisons, county jails, federal prisons
federal prisons, county jails, state prisons
Answer:
the correct answer is "A"!!!!
Explanation:
"state and federal prisons, county jails" is the correct answer because...
The rate of on-the-job injuries is increasing order is state and federal prisons, and county jails. Thus the correct option is A.
What are on-the-job injuries?When any injury or accident took place with an individual when they are working at the workplace. this is called a job injury. The organization is responsible for the treatment of On the job injury.
Federal prisons are the most dangerous workplaces, and as a result, they have a greater percentage of on-the-job injuries than state prisons, county jails, or even county jails alone.
Workers in the federal corrections system run the danger of getting hurt or ill, which could lead to their needing a federal disability retirement due to high medical treatment.
Therefore, option A is appropriate.
Learn more about on-the-job injuries, here:
https://brainly.com/question/9544294
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Which might a sports or an event organization search to obtain marketing
information?
1 The Internet
2 Foundations
3 Newsletters
4 Media
Answer:
internet
Explanation:
because internet system is global
It is a good idea to pursue courses that can assist you in your career path. True or False
Answer: True
Explanation: because your going to follow the path you want
What are the different career opportunities with being a environmental economist?
Answer:
Some of the important job roles that can be taken up by an Environmental Economist include Energy Economist, Ecological Economist, Agricultural Economist and Chief Economist.
Explanation:
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If demand decreases and supply stays the same, there will be a
A) higher equilibrium price and lower quantity
B) lower equilibrium price and quantity
C) higher equilibrium price and quantity
D)lower equilibrium price and higher quantity
What does a credit bureau do?
It records borrowers' payment histories.
It protects borrowers' deposits.
It regulates credit unions.
It protects against fraud.
Answer:
b
Explanation:
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Tips on how to stay organized and focused during school!
Hello! Today I've decided to share some tips to help you stay focused during school.
First things first, get something scented. Chapstick, perfume, essential oil, candles, anything scented helps you relax.
Second, make yourself work towards something short term like a snack, allowing yourself to watch a video after completing each subject, things that make you want to do school.
Thirdly, make a checklist. I know its old, but making a paper checklist is the absolute best possible way to stay on task or ahead so you don't have to worry about being behind.
I have attached some of my favorite checklist templates in the comments below
I hope this helps you, have a great day! :)
Answer:
tysm !! <33 u have a great day too :))
Explanation:
what motivates a person to start an informal business
Assets would need to be credited for which
of the following?
A. Loss of technological equipment
B. Purchase of new equipment
C. Addition of cash
D. All of the Above
Why the actual frick won't it let me sign in? I have tried sooooo many times. I tried signing in, logging in, nothing will work. I am using a different computer today than I was yesterday and yesterday, I was able to sign in. When I tried to sign my sister up, it didn't work either.
Answer:
Explanation:
Sometimes this error might be due to a problem caused by the browser that you are using. Try switching over to another browser such as Chrome or Internet Explorer. If it still does not work then it may be because the site is having issues with the database and are most likely working to get that fixed. These issues are usually fixed within a day. If you would like, you can also contact customer support by clicking on the contact button at the bottom of the page.
The law of demand illustrates
A
a direct relationship between price and quantity demanded.
B
an inverse relationship between price and quantity demanded.
ООО
C
a direct relationship between price and demand.
D
an inverse relationship between price and demand.
Answer: A
Explanation:
lunch in Jamie's dorm is an all-you-can-eat buffet, served from 11 a.m. until 1 p.m. By noon, the buffet is picked over, and by 12:30, there are very few popular items left. The garbage bins, though, are full of food. If the cafeteria changed its policy so that students had to pay for each item chosen, students would: Select one: a. make the same selections as before, but eat more of what they select. b. select only the most expensive items in the buffet. c. encounter shortages earlier in the day. d. only select an item if its marginal benefit is greater than or equal to its price.
Answer:
d
Explanation:
A rational consumer would only consume goods for which her marginal benefit is equal or greater than the marginal cost.
Marginal benefit is the benefit derived from consuming one extra unit of a good
Marginal cost is the cost of consuming one more unit of a good
Because the buffet is all you can eat, there is no marginal cost for putting more food on your plate. Thus, students would tend to over-serve. This would lead to wastage of food.
If the policy is enacted, students would only consume goods for which their marginal benefit is equal or greater than the marginal cost. As a result, wastages would reduce.
the items they would select would be dependent on the marginal benefit they would derive from consuming the food item
Which of the following three actors could form an "iron triangle"? a. Bayer AG, Eli Lilly & Company, and Pfizer Inc. (all pharmaceutical companies) b. the Food and Drug Administration, the Department of Health and Human Services, and the president c. the House Energy and Commerce Committee, the Senate Committee on Health, Education, Labor and Pensions, and the Department of Health and Human Services d. the Food and Drug Administration, Pfizer Inc., and the Senate Committee on Health, Education, Labor and Pensions
Answer:
d. the food and drug administration, Pfizer Inc., and the Senate Committee on health, education, labor and pensions.
Explanation:
Iron triangle is a special type of relationship which is developed in the interest groups from an industry and the committees who regulate laws of the industry. In the given case Pfizer is a pharmaceutical company who forms iron triangle with senate committee to enforce Food and Drug Administration regulations.
I need help ASAP.......If you were interviewing someone what questions would you ask???
Answer:
Tell me about yourself.
What are your strengths?
What are your weaknesses?
Why do you want this job?
Where would you like to be in your career five years from now?
What's your ideal company?
What attracted you to this company?
Why should we hire you?
Explanation:
They are basic questions :]
Answer
When you interviewing someone you have to ask the questions that would fit your topic. Example: What type of work are you looking for? Do u what to be manager? These type of questions are what you are looking for.
to insure goods to send them overseas it costs the exporter 5/2% of the value of the goods. if the goods are valued at 16.400$, what will be insurance cost?
Answer:
the insurance cost is $410
Explanation:
The computation of the insurance cost is shown below:
Given that
The exporter charged 5 by2% of the value of the goods for insured the goods
And, the goods are valued at $16,400
So the insurance cost is
= $16,400 × 5 ÷ 2%
= $16,400 × 2.5%
= $410
hence, the insurance cost is $410
Define the term "resource".
Answer:
Resources are a kind of supply that can be drawn on by a person or organisation in order to function and execute plans and projects. Resources can be in the form of money, material, staff, energy, expertise, time and management, among other things.
difference between micro and macro econ
Answer:
The difference is size
Explanation:
"Macroeconomics (from the Greek prefix makro- meaning "large" + economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole".
"Micro- (Greek letter μ or legacy micro symbol µ is a unit prefix in the metric system denoting a factor of 10 −6 (one millionth)".
Hope this helped you!
2. Simplify the following
[tex] (\frac{1}{a} - \frac{1}{b} ) { }^{ - 1 } [/tex]
5 role of development banks in economic development
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. ... Thus, the banks play an important role in the creation of new capital (or capital formation) in a country and thus help the growth process.
I NEED THIS RIGHT NOW
Which of the following is NOT true about message sensitivity options?
Recipients of messages do not have to respect your requests for privacy.
Messages can be marked private.
Not all email services provide options for email sensitivity.
Messages marked as private or confidential cannot be shared with others.
(It's not c)
Answer:
a.recipients of messages do not have to respect your requests for privacy
Select all that apply Describe data processing in accounting by selecting the correct statements below. (Check all that apply.) Multiple select question. Batch processing accumulates source documents for a period of time and then processes them all at once. Online processing enters and processes data as soon as source documents are available. A disadvantage of online processing is timeliness. An advantage of online processing is timeliness. Accounting systems differ with regard to how input is entered and processed. An advantage of batch processing is the lack of updated databases for management to use when making decisions.
Answer:
I. Batch processing accumulates source documents for a period of time and then processes them all at once.
II. Online processing enters and processes data as soon as source documents are available.
III. An advantage of online processing is timeliness.
IV. Accounting systems differ with regard to how input is entered and processed.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.
Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.
Hence, activities that involve the production or purchase of merchandise and the sale of goods and services to customers, including expenditures related to administering the business, are classified as operating activities. All the net income or cash from all operational business activities of a company is recorded as operating activities.
The correct statements that best describes data processing in accounting includes;
I. Batch processing accumulates source documents for a period of time and then processes them all at once.
II. Online processing enters and processes data as soon as source documents are available.
III. An advantage of online processing is timeliness.
IV. Accounting systems differ with regard to how input is entered and processed.
If the customer owes $12.55 and hands you a $20.00 bill, how much is her change?
A) $8.25
B) $8.45
C) $7.55
D) $7.45
Maria, a single taxpayer, had losses totaling $30,000 from a rental real estate activity in which she actively participated. Maria also had $15,000 of income from another rental real estate activity in which she actively participated. She acquired both investments in the current year. If Maria has no other passive income and adjusted gross income before passive losses of $70,000, how much loss from rental activities can she use to offset her portfolio and active income?
Answer:
$25,000
Explanation:
The computation of the loss from rental activities is shown below
If there is any loss arise from the real estate with respect to the rental activity so the same would be deducted from the passive income
The losses till $25,000 would be used for offset active or the income of the portfolio
Hence, $25,000 would be the losses
What is the risk you are taking when investing in bonds? How can you minimize this risk?
Answer:
Risk: The bonds you own will decline if interest rates rise, interest rate risk.
Minimalize:
- Don't buy bonds when interest rates are low or rising. Buy when stable.
- Stick to short term issues (3 - 5 years)
- Buy bond with different maturity dates
Explanation:
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