In the market system, scarce resources are allocated by the market prices which are determined by consumers and producers acting in their own self-interest. Therefore, Option C is the correct choice.
What is allocation of scarce resources?Resource allocation is the assignment of available sources to diverse uses. In the context of a whole economy, sources may be allotted with the aid of using diverse means, inclusive of markets, or planning.
Therefore, In the market system, scarce resources are allocated by the market prices which are determined by consumers and producers acting in their own self-interest. Option C is the correct choice.
Learn more about allocation of scarce resources here:
https://brainly.com/question/6107102
#SPJ1
When drawing a supply curve, we always place on the vertical axis and supplied on the horizontal axis. (Use one word for each blank.)
When drawing a supply curve, we always place price on the vertical axis and quantity supplied on the horizontal axis.
What is a supply curve?A supply curve can be defined as a type of chart that is used to graphically represent the total quantity of goods or services that are supplied to consumers at a given price.
As a general in Economics, you should always place price on the vertical axis and quantity supplied on the horizontal axis when drawing a supply curve.
Read more on supply curve here: https://brainly.com/question/1690111
#SPJ1
A survey of pet owners found that on average, they spend $1,225 annually per pet, with a standard deviation of $275. between which two amounts would you expect 95% of the survey’s respondents to spend annually per pet if the sample is approximately normal and comes from a normally distributed population?
Based on the sample being normal, 95% of the survey's respondents will fall within $675 and $1,775.
Where will 95% of the respondents fall?A 95% interval has a z value of 1.96.
The confidence interval would be:
= Sample mean ± z x (Standard deviation / √sample)
= 1,225 + 1.96 x (275 / √1)
= $1,764
= 1,225 - 1.96 x (275 / √1)
= $686
The closest figures from the options are $675 and $1,775.
Options for this question include:
$675 and $1,500 $675 and $1,775 $950 and $1,500$950 and $1,775Find out more on 95% confidence intervals at https://brainly.com/question/16974109.
#SPJ1
Answer:
option 3
Explanation:
Your organization has been developing a new product for the last three years. The technical specifications of the product were leaked before the product's official release. As a result of the leak, your company's main competitor is changing the specifications of their own product, releasing it earlier than your product, and planning on acquiring the manufacturer your company uses to create vital digital circuits. News of the competitor's plans has caused the majority of investors to pull their funding from your company. Based on typical commercial data classification levels, which data classification level was breached
Based on commercial data classification levels, it is correct to say that the sensitive data level has been breached.
What is the data sensitive level?Corresponds to data breaches that would negatively impact a business, jeopardizing operations and market positioning, such as leaking financial and intellectual property data.
Therefore, information security must be a criterion to be achieved in organizations and all their processes to avoid consequences of a data leak.
Find out more about information security here:
https://brainly.com/question/25226643
#SPJ1
Compared to a barter economy, using money increases efficiency by reducing.
Answer:
Compared to a barter economy, using money increases efficiency by reducing: transaction costs. Barter is the: direct exchange of goods and services.
An employee is demonstrating behaviors on the job that may endanger other employees. His manager wants to refer him to the company's employee assistance program. Which situation would call for such a referral
A situation that would cause the manager to refer the employee in that manner is if the manager believes the employee's problems are related to alcohol abuse.
What happens when an employee is under the influence?These days, company HR departments have subdepartments to help employees through various issues they find themselves in.
For instance, an employee that has abused alcohol and is behaving irrationally can be referred to an employee assistance program to help them.
Find out more on HR functions at https://brainly.com/question/25443563.
#SPJ1
Job descriptions often include the following information related to the job
Resume, school transcript, professional certifications, awards, memberships in professional organizations. Letters of recommendation, "thank you" notes, newspaper/website articles about you.
Licensing of the brand, a reputation for quality, and a large number of retail stores are examples of potential blank______ that a firm may identify during a swot analysis.
Licensing of the brand, a reputation for quality, and a large number of retail stores are examples of potential strengths that a firm may identify during a swot analysis.
What is a SWOT analysis?This is the framework that is used to know the strength of an organization, its weaknesses, its opportunities and its threats.
The SWOT analysis is useful due to the fact that it relates to situational analysis or assessment.
Read more on SWOT analysis here: https://brainly.com/question/6426686
#SPJ1
Olinick Corporation is considering a project that would require an investment of $313,000 and would last for 8 years. The incremental annual revenues and expenses generated by the project during those 8 years would be as follows (Ignore income taxes.): Sales $ 250,000 Variable expenses 25,000 Contribution margin 225,000 Fixed expenses: Salaries 32,000 Rents 45,000 Depreciation 40,000 Total fixed expenses 117,000 Net operating income $ 108,000 The scrap value of the project's assets at the end of the project would be $22,000. The cash inflows occur evenly throughout the year. The payback period of the project is closest to: (Round your answer to 1 decimal place.) Multiple Choice 2.9 years 1.8 years 2.5 years 2.1 years
Based on the calculation below, the payback period of the project is closest to 2.1 years.
How to calculate payback period?The payback period of the project can be calculated as follows:
Annual net cash inflow = Net operating income + Noncash deduction for depreciation = $108,000 + $40,000 = $148,000
Therefore, we have:
Payback period of the project = Required investment / Annual net cash inflow = $313,000 / $148,000 = 2.1 years
Learn more about the payback period here: https://brainly.com/question/13978071.
#SPJ1
________ involves highly trained employees known as Champions, Master Black Belts, Black Belts, and Green Belts.
Champions, Master Black Belts, Black Belts, and Green Belts are highly trained employees required in six sigma.
What is Six sigma?
Six Sigma is a tool of management and procedures aimed at increasing the capabilities of a business process by lowering the risk of error. Six sigma is a data strategy to defect elimination, failure reduction, and enhancement of the profitability that employs a statistical technique.
Six sigma basically works on some main principles which include focusing on the customer as the customer is considered the king of the market. It helps to identify the areas of problems and wastage of resources and helps to improvise them.
It works on the resolution of issues once the issue gets identified in real-time to avoid any differences in the result and eliminates the elements which decrease customer value.
The concept of six sigma is introduced to bring change in the system through innovation and technology.It encourages flexibility in working by efficient techniques and optimum utilization of resources.
Learn more about six sigma, here:
https://brainly.com/question/16180406
#SPJ1
Hardcover books are shipped 3 days after an order is placed. soft cover books always take at least 1 day less than hardcover books to ship after the order is placed. special apparel orders take as long as or longer than hardcover books to ship after the order is placed. conclusion: special apparel orders take longer to ship than soft cover books. if the assumptions are true, is the conclusion:
If the assumptions are true, the conclusion relating to the longer time taken to ship the special apparel than the softcover books is correct.
What is meant by the conclusion?The conclusion is a brief summary of any topic without going into the detail of it.
The shipping time taken to deliver the softcover books is 2 days, that is, 1 day more than the shipping time taken to deliver hardcover books. There is a difference of only one day in both the shipping. The time taken by special apparel to ship is longer than the hardcover books which means that time is also greater than softcover books.
Therefore, the provided conclusion statement is correct keeping all the assumptions true.
Learn more about the conclusion in the related link:
https://brainly.com/question/78686
#SPJ1
3. A project manager is trying to complete a software development project, but cannot get enough attention for the project. Resources are focused on completing process-related work, and the project manager has little authority to assign resources. What form of organization must the project manager be working in
The form of organization must the project manager be working in Functional.
What is the meaning of organization?Organization refers to the group of the people working together in order to achieve organizational goal. The aim of every organization is maximization of the profits.
In the above case, the project manager is trying to complete a software development project but is unable to get the attention on the project. all the resources are under completion of the different works.
This implies that form of organization must the project manager be working in Functional because he has little powers to make the use of the resources.
Learn more about the project here:
https://brainly.com/question/15999858
#SPJ1
Jennings company has total assets of $445 million. its total liabilities are $120.5 million. its equity is $324.5 million. calculate the debt ratio. (round your answer to 1 decimal place.)
Jennings company has total assets of $445 million and its liabilities are $120.5 million. The debt ratio is 2.71%.
What is the debt ratio?The debt ratio refers to the financial ratio indicating the percentage of a company's assets that are provided via debt.
Jennings company has total assets of $445 million and total liabilities of $120.5. The debt ratio that is calculated by dividing total liabilities and assets is 2.70%.
Therefore, the debt ratio is 2.70%.
Learn more about debt ratio here:
https://brainly.com/question/14553933
#SPJ1
The monopsonist's marginal factor (rource) cost curve for labor is
The company must: hike the factor prices to hire additional employees, a monopolist's marginal factor cost curve is above its labor supply curve.
What is a marginal factor cost?Marginal factor cost is the increment in the additional factor of production that leads to the increase in the one-unit amount.
It is showed in unit like the labor has worked ten per unit in the given period of time.
Thus, its labor supply curve.
For more details about marginal factor cost, click here:
https://brainly.com/question/22930104
#SPJ4
Suppose that both of the events you have just analyzed are partly responsible for the increase in the price of calzones. Based on your analysis of the explanations offered by the two groups of students, how would you figure out which of the possible causes was the dominant cause of the increase in the price of calzones?.
The dominant cause of the rise in the price of calzones may be the increased shift in demand relative to the shift in supply.
What happens when supply is less than demand?This is an economic situation where there is an imbalance, generating an increase in prices, since when there is greater demand for a product than companies offering it, it means that consumers are more likely to pay more prices for a product that is in a position of scarcity.
Therefore, a balance between supply and demand must be achieved to generate a stable situation in price and quantity levels.
Find out more about supply and demand here:
https://brainly.com/question/4804206
#SPJ1
Learning Task No. 3 Direction: Write the advantages ang disadvantages of the following packaging materials. Write your answer on a separate sheet of paper. Types of packaging Materials Advantage/s Disadvantage/s 1. Leaves 2. Vegetable Fibers 3. Wooden Crate 4. Paper 5. Earthenware 6. Glass 7. Plastic 8. Metal
To identify the advantages and disadvantages of packaging materials it is necessary to analyze the purpose, durability and protection of the product.
What is the best packaging for a product?It will be one that protects the characteristics of the product, is durable and sustainable. Leaves, for example, are safe biodegradable materials for packaging some foods, but they still need more technological development for scale production.
Another example is that vegetable fibers are also sustainable materials but are also being used experimentally in the sustainability awareness phase.
Therefore, the ideal packaging will be one that protects the necessary characteristics of the product and is ecologically sustainable for the protection of the environment.
Find out more about sustainability here:
https://brainly.com/question/25350238
Helpppp pleaseeeee!!!
which country is experiencing a trade surplus?
o a. a country with $330 million in exports and $350 million in
imports
b. a country with $400 million in exports and $500 million in
imports
c. a country with $500 million in exports and $400 million in
imports
d. a country with $600 million in exports and $600 million in
imports
A country that is experiencing a trade surplus is a country with $500 million in exports and $400 million in imports.
What is trade surplus?Trade surplus refers to the positive balance of trade where a country's exports exceed its imports.
The country that is experiencing a trade deficit is a country with $500 million in exports and $400 million in imports.
Therefore, C is the correct option.
Learn more about Trade surplus here:
https://brainly.com/question/17717899
#SPJ1
An investor sold 100 shares of ran common stock short at $50 per share. the ran is now at $38. the investor is still bearish on the stock but would like to protect that gain. what would you recommend if this were your client
If the investor is my client, i will advise him to enter a buy stop order at $40.
What is the buy stop order?In the share market, these are protective tool that are mainly for short sellers.
Now, as the stock should begin to rise from its current price of $38, once it reaches or exceeds $40, a buy order at the market is entered.
Hence, the stock purchased is used to cover the short position and the investor's profit is the $50 sale price minus the cost of the purchase.
However, because the investor is short term person, the only protective order would be a buy and not a sell.
Therefore, i will advise him to enter a buy stop order at $40
Read more about buy stop order
brainly.com/question/14206094
#SPJ1
The key to a good assessment of the alternatives: (Choose all that apply.) Multiple select question. ensures buy in at all levels of the organization. makes sure that managerial mind-set is the main consideration. defines the opportunity or threat exactly. specifies the criteria that should influence the selection of appropriate alternatives.
The key to a good assessment of the alternatives:
C. defines the opportunity or threat exactly.D. specifies the criteria that should influence the selection of appropriate alternatives.What is an Assessment?This refers to the analysis that is done to ensure the best possible thing is selected and that threat is identified and eliminated on time.
Hence, we can see that when making good assessments, it is important to define the threat or opportunity and then specify the criteria that should influence the selection of appropriate alternatives.
Read more about assessments here:
https://brainly.com/question/25759088
#SPJ1
In 2019, selected automobiles had an average cost of $12,000. the average cost of those same automobiles is now $13,200. what was the rate of increase for these automobiles between the two time periods? (
The rate of increase for these automobiles between the two time periods is 10%
What is automobiles?Automobile is the wheeled vehicle usually having four wheels and generally used for the transportation purposes. For example :- car, buses, trucks, bike etc.
In the above case, the average cost of the automobile is $12000 in 2009 but now it has increased to $ 13200. For the calculation of the increased rate of the auto mobile following formula is used as follows:-
Increased rate = (current value -Initial value )/current value * 100
=( $13,200 - $12,000)/ $12,000 *100
=$1200/ 12000 *100
= 10%
Therefore, the rate of the increase for these automobile between 2 periods is 10%.
Learn more about increase rate here:
https://brainly.com/question/20820218
#SPJ1
what are the trends in the global job market?
The trends in the global job market is that the following are on the rise and they include: Remote work, contract work, project work, one-off commissions and self-employment.
Meaning of TrendA trend can be defined as a recent happening in a sector. it can bee said to be the current news or the prevailing happenings in a particular sector.
A trend is a current happening that is gaining major attentions by individual in a particular field.
In conclusion, The trends in the global job market is that the following are on the rise and they include: Remote work, contract work, project work, one-off commissions and self-employment.
Learn more about Trend: https://brainly.com/question/25350238
#SPJ1
uncertainity avoidanceIn 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 Geert Hofstede, the cultural dimension does this most illustrate Long term vs Short term orientation.
What is Long-term orientation versus short-term orientation?This is known to be part of the five cultural dimensions stated by Geert Hofstede.
Note that Cultures that shows a long-term orientation tells about the preparation for the future and the cultures that depicts a short-term orientation are very much concerned with short-term needs.
Therefore, Based on Geert Hofstede, the cultural dimension does this most illustrate Long term vs Short term orientation.
See options below
According to Geert Hofstede what cultural dimension does this most demonstrate?
uncertainty avoidance
Dance concession
social mobility
Long term vs Short term orientation.
Learn more about cultural dimension from
https://brainly.com/question/27831395
#SPJ1
Your checkbook register shows these activities for the month.Old balance: $134.56Check 512 to Good Stuff for $32.19Deposit: $345.12Check 513 to Hometown Apt. for $250.00Check 514 to Farland Grocery for $16.65Check 515 to Dr. Scott for $45.00What is your new checkbook balance
Based on the various activities for the month that were reflected in your checkbook, your new balance would be $135.84.
What is the checkbook balance?This can be found as:
= Opening balance + Deposits - Checks and withdrawals
Solving gives:
= 134.56 + 345.12 - 32.19 - 250 - 16.65 - 45
= $135.84
In conclusion, your new balance is $135.84.
Find out more on checkbook balances at https://brainly.com/question/3719189
#SPJ1
The difference between a financial aid package and total cost of collage can be made up by ______.
A: reapplying with different family contributions
B: signing up for fewer classes a semester
C: personal savings and student loans
D: going to a college with lower tuition costs
The difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Financial aid is referred to any form of funding which tends to help one in paying for for college, such as a loans, grant, scholarships or work-study programs. So, for most of the students, financial aid is essential to making college affordable.
It is estimated that about two thirds of college students receive financial aid based on their family's financial circumstances. So, here it is important that the difference between a financial aid package and total cost of collage can be made up by personal savings and student loans.
Hence, option C is correct.
To learn more about financial aid here:
https://brainly.com/question/28123082
#SPJ1
Recently, Glenda Estes was interested in purchasing a Honda Acura. The salesperson indicated that the price of the car was either $27,600 cash or $6,900 at the end of each of 5 years. Compute the effective-interest rate to the nearest percent that Glenda would pay if she chooses to make the five annual payments.
The rate of interest charged to Glenda would be 5.18% upon the payment of her car in five annual installments.
What is a rate of interest?The percentage of interest charged over the principal amount of loan or advances for a particular period of time, is known as the rate of interest of such loan.
The computation of rate of interest using the formula and given information will be,
[tex]\rm Rate\ of\ Interest= \dfrac{Interest}{Principal\ x\ Time}\ x\ 100\\\\\rm Rate\ of\ Interest= \dfrac{7150}{138000}\ x\ 100\\\\\rm Rate\ of\ Interest= 5.18[/tex]
Hence, the computation of the rate of interest is as aforementioned.
Learn more about rate of interest here:
https://brainly.com/question/13324776
#SPJ1
Leasing a car may be a better option than buying a car
if...
you have enough money for a large down payment.
you travel great distances regularly.
you don't plan on having it for long and don't want
to worry about regular maintenance.
you want the extended warranty and maintenance
because you plan on having the car for a while.
Answer:
You don't plan on having it for long and don't want to worry about regular maintenance.
Explanation:
It's right.
Which sentences highlight the process of rightsizing?
amella is a business strategy head at a large company. the company has not been able to achieve substantial profits during any of the past four
years. amelia calls for a business meeting to discuss the issue. in the meeting, a manager suggests that they should lay off 50 percent of their
workforce across the board to cut down on costs. amelia argues that they should restrict the layoffs to specific departments that run into
recurrent losses and expand the other departments, whose products show scope for market growth.
The sentence that highlights the process of rightsizing is that the workforce across the board cut down on costs.
What is rightsizing?It should be noted that rightsizing means reducing a particular number to make it optimal. Rightsizing is restructuring a company to make a profit more efficiently and meet updated business objectives.
Organizations will usually rightsize their business by reducing their workforce, and reorganizing upper management.
In this case, the sentence that highlights the process of rightsizing is that the workforce across the board cut down on costs.
Learn more about workforce on:
https://brainly.com/question/1176816
#SPJ1
A company currently has sales of $700,000 and a contribution margin ratio of 45%. As a result of increasing advertising expense by $8,000, the company expects to increase sales to $735,000. If this is done and these results occur, net operating income will
If this is done and these results occur, net operating income will increase by $7750.
Net operating incomeUsing this formula
Net operating income=(Expected Increase in sales-Current sales× Ratio-Advertising expenses)
Let plug in the formula
Net operating income = $735,000 - ($700,000 x 45%) - $8,000
Net operating income= $7,750 increase
Therefore net operating income will increase by $7750.
Learn more about net operating income here:https://brainly.com/question/26206936
#SPJ1
What is the result of subtracting the project costs from the benefits and then dividing by the costs
The result of subtracting the project costs from the benefits and then dividing them by the costs return on investment ROI. This is further explained below.
What is a project?Generally, Project is simply defined as a company that is well organized to accomplish a certain goal.
In conclusion, The return on investment (ROI) is calculated by dividing the expenses of a project by the benefits it generates.
Read more about ROI.
https://brainly.com/question/17439105
#SPJ1
Ivanhoe Inc. issues an $720,000, 20%, 10-year mortgage note on December 31, 2022, to obtain financing for a new building. The terms provide for annual installment payments of $150,000.Prepare the entry to record the mortgage loan on December 31, 2022, and the first installment payment on December 31, 2023.
The entries in the books of Ivanhoe Inc. to record the mortgage loan on December 31, 2022, and December 31, 2023 are as follows:
Journal Entry:December 31, 2022: Debit Cash $720,000
Credit Notes Payable $720,000
20%, 10-year mortgage note
December 31, 2023: Debit Notes Payable $150,000
Credit Cash $150,000
Transaction Analysis:December 31, 2022: Cash $720,000 Notes Payable $720,000
20%, 10-year mortgage note
December 31, 2023: Notes Payable $150,000 Cash $150,000
Learn more about recording business transactions at https://brainly.com/question/17201601
#SPJ1
In a typical business, 80% of a company's
expenses are for which of the following?
A. inventory losses
B. payroll
C. initial investments
In a typical business, 80% of a company's expenses are for option C: Initial investments.
What do you mean by term Initial investments?An initial investment is defined as the amount of money that is required for every business in order to start the project.
The initial investment is equal to capital expenditures plus working capital requirement add after-tax proceeds.
Therefore, approximately 80% of portion of total expense is covered by payment of initial investments.
Learn more about Initial investments, refer to the link:
https://brainly.com/question/13540082
#SPJ1
Answer:
the answer is B : payroll
Explanation:
just got it right on acellus :)