Proponents of the EMH typically advocate a passive investment strategy.
The Efficient Market Hypothesis (EMH), commonly known as the efficient market theory, is a hypothesis that states that stock prices reflect all information and that consistent alpha generation is impossible.
According to the EMH, stocks always trade at their exchange rate, making it impossible for investors to buy undervalued stocks or sell stocks at high prices. Therefore, it should be difficult to completely beat the market by picking a good stock or timing the market, and the only way an investor can make a big profit is by buying risky investments.
Proponents of the EMH believe that investors benefit from investing in a low-cost, long-term portfolio. Opponents of the EMH believe that it is possible to beat the market and that stocks can deviate from the fair market value.
Proponents of the EMH typically advocate a passive investment strategy because:
The Efficient Market Hypothesis states that share prices reflect all information and consistent above normal returns are impossible to generate. Theoretically, neither technical nor fundamental analysis can produce risk-adjusted excess returns, or alpha, consistently and only inside information can result in outsized risk-adjusted returns. Therefore, a passive strategy would be better option instead of incurring expenses on active management.
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An increase in a company's revenue and expense accounts will automatically cause an increase in net income for the period.
False
False, An increase in a company's revenue and expense accounts will not cause any increase in net income for the period.
On their income statements, most businesses list such items as revenues, gains, expenses, and losses. Although some of the concepts may sound identical, gains, losses, revenues, and expenses all have diverse practical applications.
The term "expense" refers to a cost incurred in the course of producing or providing a primary business operation, whereas "revenue" refers to income made via the provision of a business' primary goods or services. Analysts and investors will often place much more emphasis on these measurements than on gains or losses.
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nora loaned money to susan and received a signed security agreement from susan. to make sure she has priority as a creditor, nora could:
C. To make sure she has priority as a creditor, Nora could take possession of the collateral.
The best option for Nora to make sure she has priority as a creditor is to take possession of the collateral. This will ensure that Nora has priority over the other creditors and that she can get her loan back if Susan defaults. It is important that Nora has a valid security agreement in place, as this will provide her with legal protection and ensure that her loan is secured.
If Nora chooses to take possession of the collateral, she may also need to register it in the public land registry. Additionally, Nora should keep a copy of the security agreement with her attorney to ensure that it is properly documented and to provide proof of ownership.
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The complete question is here:
nora loaned money to susan and received a signed security agreement from susan. to make sure she has priority as a creditor, nora could:
A.
give the security agreement to her attorney.
B.
do nothing—the date of signing gives Nora priority.
C.
file the security agreement in a security deposit box.
D.
take possession of the collateral.
eye-kya is a new furniture company. it hires one worker to produce chairs. let q be the number of chairs produced. the worker chooses how many hours h to work. during each hour worked, the employee is able to produce 6 chairs. for the worker, his personal cost of working is simplyeye-kya is a new furniture company. it hires one worker to produce chairs. let q be the number of chairs produced. the worker chooses how many hours h to work. during each hour worked, the employee is able to produce 6 chairs. for the worker, his personal cost of working is simply
The number of hours the worker worked is H*=9b
as per the question,
the working cost of chair ( Total cost) is [tex]\frac{H^2}{3}[/tex]
the number of chairs produced is ( q )
number of chairs employee can produce is 6
time taken by the worker is (h) hours
the payment received by the worker is (b)
income = b*y
where y is 6H
now
income = b (6H)
=> 6bH
U = income - Total cost
where U is the worker's utility
income = 6bH
total cost is [tex]\frac{H^{2} }{3}[/tex]
now ,
U = 6bH - [tex]\frac{H^{2} }{3}[/tex]
now differentiate w. r. t H on both sides
[tex]\frac{du}{dh}[/tex] = 6b - [tex]\frac{2H }{3}[/tex]
let the value of [tex]\frac{du}{dh}[/tex] is 0
6b - [tex]\frac{2H }{3}[/tex] = 0
[tex]\frac{2H }{3} = 6b[/tex]
=> H = [tex]\frac{18b}{2}[/tex]
=> H = 9b
=> H* = 9b
The number of hours the worker worked is H*=9b
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In calculating cost per equivalent unit under the weighted-average method, prior period costs are not combined with current period costs. True False.
The correct answer is False. The weighted-average technique does not add prior period costs to current period costs when determining cost per equivalent unit.
The weighted-average technique does not add prior period costs to current period costs when determining cost per equivalent unit. When calculating unit costs, the weighted-average method of process costing averages costs from the previous and current periods.
When applying the weighted average approach, you compute the weighted-average cost per unit by dividing the cost of the goods that are on the market by the quantity of units that are for sale. The cost of products available for sale in this calculation is equal to the sum of beginning inventory and net purchases.
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On November 24, 2020, 26 passengers on Whispering Airlines Flight No. 901 were injured upon landing when the plane skidded off the runway. Personal injury suits for damages totaling $9,221,000 were filed on January 11, 2021, against the airline by 18 injured passengers. The airline carries no insurance. Legal counsel has studied each suit and advised Whispering that it is probable that it will pay 50% of the damages claimed. The financial statements for the year ended December 31, 2020, were issued February 27, 2021. (a2) Prepare the journal entry required by the airline in preparation of the December 31, 2020, financial statements. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit December 31, 2020
Since the suit happened before the date of the financial proclamation and because of the way the result is horrible, plausible, and reasonably estimable, Windsor Carriers ought to report a misfortune and obligation in the December 31, 2020, fiscal summaries
To record loss and liability
Loss from Uninsured Accident ($9,221,000 * 50%) $4,610,500
Consequently, the Risk of an Uninsured Mishap is $4,610,500
Because of a mishap that happened in 2020, the carrier is a respondent in private physical issue suits adding up to $9,221,000. The Organization is charging the time of the setback with $4,610,500 in assessed losses, which addresses the sum that the organization's lawful direction appraisals will, at last, be granted.
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managers usually schedule preventive maintenance using which of the following? check all that apply.
Managers generally schedule preventative maintenance using:
An inspection revealing maintenance neededNumber of operating hoursPassage of timeCorrect answer: letter A, B and D.
Managers usually schedule preventive maintenance using these processes in order to ensure that all components of a system or machine are regularly checked for signs of wear and tear. This can help to identify potential issues before they become major problems and allows for any necessary repairs or replacements to be made before the system or machine breaks down.
The Benefits of Preventative MaintenanceIs an important part of keeping machines and systems running smoothly and efficiently. By planning regular inspections and repairs, managers can identify potential problems early and ensure that any necessary repairs or replacements are done before a system or machine fails. This can save money and time by avoiding costly breakdowns, ensure that the system is running optimally, and reduce the risk of safety issues.
Regular preventative maintenance also helps to extend the life of a system or machine by ensuring that all components are properly maintained. This helps to reduce downtime and can save money in the long run by avoiding the need for expensive repairs or replacements.
Managers usually schedule preventive maintenance using which of the following? Check all that apply.
A)An inspection revealing maintenance needed
B) Passage of time
C) Manufacturer's recommendation
D) Number of operating hours
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Collusion happens when suppliers come together to fix prices and output in order to manipulate the marketplace. This activity is perfectly legal in the United States.
true or false
Collusion is an act of suppliers coming together fixing prices and output in order to manipulate the marketplace. This activity is legal in the United States. This statement is false.
Collusion is defined as a practice of conspiracy or illegal formal or informal agreement between corporations, suppliers, or manufacturers to manipulate their customers either by controlling output or fixing prices of certain goods and services in order to increase their profits. Collusion is an illegal act in the United States and will result in criminal prosecution by the United States Department of Justice under the antitrust law.
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Randolph and Tammy own a second home. They spent 45 days there and rented it for 88 days at $159 per day during the year. The total costs relating to the home include the following: (Round your intermediate computations to 5 decimal places and final answers to nearest whole dollar value).
Mortgage interest $ 4,680
Property taxes 1,290
Insurance 1,935
Utilities 2,435
Repairs 1,545
Depreciation 6,680
a)What is the tax treatment of these items relating to second home under Tax Court allocation method?
b) What is the tax treatment of these items relating to second home under IRS allocation method?
c) Which of the methods is preferred?
A- compute the net income under tax court allocation as follows
Total deductions is $6,532, Net rental income is $4,219
Note: Total days = 133 days (88 rental days + 45 personal use days)
B: the net income under IRS allocation as follows Total deductions is $4,021,Net income is $1,708
C: In this situation, the IRS allocation technique methods is preferred . A deduction is allocated (or attributed, matched, etc.) to the class or classes of gross income to which it is unquestionably related after first identifying the relevant class of gross revenue. The standards applied to decide whether a deduction is. The IRS technique divides the total number of days used (rental days plus personal days) by the number of days rented.
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operations managers: control about three-fourths of firm's assets work closely with people in marketing, finance, accounting, and human resources departments help to decide which products the company should produce face the challenge of combining people and other resources to produce high-quality products are accurately described by all of the above
Celebrities typically do or say things that cause them to lose quality or that may injure the image of the whole the celebrities square measure endorsing.
Market segmentation will assist you to outline and higher perceive your target audiences and ideal customers. If you are a merchandiser, this permits you to spot the correct marketplace for your product and so target your promotion effectively.
Segmenting your target market will assist you discover opportunities to form customized campaigns. The information permits you to know the requirements, preferences, and reasons for client behavior. this manner you'll build methods that market towards the necessity of various segments rather than a one-size-fits-all.
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an increase in income tax rates will affect a labor market in which of the following ways? the equilibrium quantity of workers will and the equilibrium wage will .
The equilibrium quantity of workers will Decrease and the equilibrium wage will increase.
stability in biomechanics is an capacity to maintain the road of gravity (vertical line from centre of mass) of a frame in the base of assist with minimum postural sway.[1] Sway is the horizontal movement of the centre of gravity even if a person is standing still. A sure amount of sway is essential and inevitable due to small perturbations within the body (e.g., respiration, shifting body weight from one foot to the other or from forefoot to rearfoot) or from outside triggers (e.g., visual distortions, ground translations). An boom in sway isn't always always an indicator of dysfunctional balance so much as it's miles an indicator of reduced sensorimotor manipulation.
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jason is an information systems technician in a town in north carolina with a population of 100,000. he receives an annual salary of $35,000. he recently found out that a nearby town with a similar population pays people in the same position $40,000 annually. with which of the following is jason most concerned?
Option d. external is the correct answer. Jason is an information systems technician in a town in North Carolina with a population of 100,000. He earns $35,000/year. He recently found out that a nearby town with a similar population pays people in the same position $40,000/year. Jason is concerned with the external form of equity.
Compensation is represented as an act of rewarding an employee with monetary value within the organization for their work. It varies for every job position in the organization. Commission, hourly, bonus, and salary are the sorts of compensation.
External equity is one of the classifications of equity in which an individual compares its pay level with another organization's pay level. Various employers utilize external equity by analyzing market pay levels and setting their pay levels high compared to other organizations in the marketplace. It is typically used to attract employees by paying high.
In the above case, Jason compares his pay with another organization in another town. Hence, Jason is concerned with external equity.
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Answer the question on the basis of the following table in which columns 1 & 2 indicate the transactions demand (Dt) for money and columns 1 & 3 show the asset demand (Da) for money:
(1)Interest Rate (2)Dt (3)Da
12% $100 $0
10 100 20
8 100 40
6 100 60
4 100 80
2 100 100
The given data suggests that the amount of money that society wishes to hold as an asset:
A.) Varies directly with the interest rate
B.) Varies inversely with the interest rate
C.) Varies inversely with Nominal GDP
D.) is independent of the interest rare
the correct answer of the given question is option D which is 'is independent of the interest rate'
An interest rate is the amount of interest that is payable each period stated as a proportion of the amount lent, deposited, or borrowed (called the principal sum). The principal amount, interest rate, frequency of compounding, and duration of the loan, deposit, or borrowing determine the total amount of interest on a sum that was lent or borrowed.
The annual interest rate is the rate of interest that is calculated over a year. Other interest rates, which are often annualized, are applicable over shorter time periods, such a day or a month.
The interest rate "is an indication of the preference for a dollar of present [income] over a dollar of future [income]," according to one definition.
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________ policy is when a central bank acts to decrease the money supply in an effort to control an economy that is expanding too quickly.
Expansionary monetary
Expansionary fiscal
Countercyclical monetary
Contractionary monetary
Contractionary fiscal
Contractionary monetary policy is when a central bank acts to decrease the money supply in an effort to control an economy that is expanding too quickly. Thus, option (d) is correct.
What is economy?The mechanism through which a nation or region organizes its money, industry, and trade is concerned to as its “economy.” The economy is the important part of the country. The primary sector of the economy is the industrial sector and agriculture sector. The family (consumption) and company (product sales) are both parts of the economy.
Contractionary monetary policy reduces a country's supply of money in order to control inflation and maintain the economy in balanced. A central bank will almost certainly raise interests rates in an attempt to curb the expansion of currency and prices.
Therefore, option (d) is correct.
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FILL IN THE BLANK carin, inc. declared a 50% stock dividend on january 15, when there were 10,000 shares of $1 par value stock issued and outstanding, and the market value was $20. the entry to record the declaration will include debit to the account, in the amount of _______
when a stock with a $1 par value had 10,000 issued and outstanding shares and a $20 market value. A $5000 debit to the account will be included in the entry to record the declaration.
Dividends over 25% are considered substantial stock dividends and are recorded at par value.
Amount of Stock Dividend = $10,000 * 1 * 50% = $5,000
The Common Stock Dividend Distributable account will be debited $5,000 as part of the entry to reflect the stock distribution.
The price an asset would sell for in the market, or the value the investment community assigns to a certain equity or company, is known as market value (also known as OMV, or "open market valuation").
The term "market value" is also frequently used to describe a publicly traded company's market capitalization, which is derived by dividing the number of outstanding shares by the current share price.
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game theory is: a view on decision making when clear paths to optimum outcomes are known. a view on the development of children's games and toys. the science of making good decisions in situations involving strategic interactions. the analysis of market forces when there is role reversal for buyers and sellers.
Game theory is c) the science of making good decisions in situations involving strategic interactions.
The study of mathematical models of strategic interactions between rational beings is known as game theory. It has uses in computer science, logic, systems science, and all branches of social science.
It first focused on two-player zero-sum games, in which each player's gains or losses are precisely balanced by those of the other players. Game theory is a broad word that refers to the study of logical decision-making in humans, animals, and computers in the twenty-first century.
It is applicable to a wide range of behavioral relationships. John von Neumann's proof of the mixed-strategy equilibrium in a two-player zero-sum game marked the beginning of modern game theory.
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Suppose economists found that in 2006 factories were at 80% capacity, in 2007 at 70% capacity, and in 2008 at 60% capacity, what would happen when this information became publicly available?Aggregate demand would shift left
If economists discover that factories operated at 80% capacity in 2006, 70% in 2007, and 60% in 2008, the aggregate demand will move to the left if this knowledge is made accessible to the general public.
The aggregate demand curve frequently shifts to the left when total consumer spending decreases. Consumers may spend less as a result of rising living costs or increased taxes.
The equilibrium production quantity and price level will decrease if the aggregate demand curve changes to the left. Where the AD curve meets the AS curve determines whether equilibrium output varies comparatively more than the price level or if the price level changes relatively more than output.
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which of the following is correct? question 2 options: the transactions demand for money is downsloping because the opportunity cost of holding money varies inversely with the interest rate. the asset demand for money is downsloping because the opportunity cost of holding money declines as the interest rate rises. the asset demand for money is downsloping because the opportunity cost of holding money increases as the interest rate rises. the asset demand for money is downsloping because bond prices and the interest rate are directly related. next page
The correct statement is the asset demand for money is down-sloping because the opportunity cost of holding money declines as the interest rate rises.
The asset is a term which refers to the resources which is owned and controlled by an organization or a business. The asset is also refers to the investment on the things that price will be increase with the time.
The asset mainly are of two types, tangible asset and intangible asset. Other asset like operating asset and non-operating asset.
When the investor buys asset according to the market-price, investor have to pay tax according to the asset holding and the opportunity cost of holding money declines as the interest rate rises.
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assume office depot processes 2,500,000 photocopies per month at its service center. approximately 50% of the photocopies require collating. collating is currently performed by high school and college students who are paid $10 per hour. each student collates an average of 5,000 copies per hour. management is contemplating the lease of an automatic collating machine that has a monthly capacity of 6,000,000 photocopies, with lease and operating costs totaling $3,000, plus $0.05 per 1,000 units collated
The cost of collating with student's help is $2,000 and $4,000 and with the collating machine is $3,050 and $3,100. The monthly volume at which the automatic process becomes preferable to the manual process is $1,538,461.54
A lease is a legal agreement that specifies the conditions under which one party consents to rent an asset—in this case, property—owned by another party. In exchange, it assures the lessor (the property owner or landlord) of monthly payments for a predetermined period while guaranteeing the lessee, often known as the tenant, usage of the property. If any party violates the contract provisions, there will be repercussions for both the lessee and the lessor. A type of incorporeal right is a lease.
In the given questions,
a. 1) Cost of collating 1,000,000 copies
=( 1,000,000/5000)*$10
= $2000
Cost of collating 2,000,000 copies
= (2,000,000/5000)*$10
= $4000
2) Cost of collating 1,000,000 copies
=$ 3000+( (1,000,000/1000)*$0.05)
= $3000+ $50
=$ 3050
Cost of collating 2,000,000 copies
= $3000+((2,000,000/1000)*$0.05)
=$3000+$ 100
= $3100
b. Let the required monthly volume be x
Student's help cost = Collating machine cost
(x/5000)$10 = $3000 + {(x/1000)*$0.05}
10x/5000 = 3000 + (0.05x/1000)
10x = 3000*5000 + (0.05x*5000)/1000
10x = 15,000,000 + 250x/1000
10000x =1 5,000,000,000 + 250x
10000x - 250x = 15,000,000,000
9750x = 15,000,000,000
x = 15,000,000,000/9750
= $ 1,538,461.538
Therefore, $ 1,538,461.538 is the required monthly volume.
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Complete question:
Assume Office Depot processes 2,500,000 photocopies per month at its service center. Approximately 50% of the photocopies require collating. Collating is currently performed by high school and college students who are paid $10 per hour. Each student collates an average of 5,000 copies per hour. Management is contemplating the lease of an automatic collating machine that has a monthly capacity of 6,000,000 photocopies, with lease and operating costs totaling $3,000, plus $0.05 per 1,000 units collated.
a. Determine the total costs of collating 1,000,000 and 2,000,000 per month:
1. With student help.
2. With the collating machine.
b. Determine the monthly volume at which the automatic process becomes preferable to (costs less than) the manual process.
FILL IN THE BLANK. one method of transferring risk outside the business is___, through forward/futures contracts for commodities or farm inputs. group of answer choices
One method of transferring risk outside the business is Hedging, through forward/futures contracts for commodities or farm inputs.
Hedging is referred to as the method by which risks are reduced in the business. This method of risk limiting uses certain techniques and strategies in order to limit the risks occurring in any business. For example, If any investor invests any money to one business, he tries to make profit from that business by limiting the risks of loss and investing in any other business so that if any loss occurs in the first business, the profit from second business covers that loss. This method is known as Hedging of Risk. Purchasing insurances on business is another method of reducing or limiting the risk and it comes under Hedging.
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Suppose an investor buys a Taiwanese bond with a face value of NT20,000, which is priced at NT$19,500 and bears a coupon of NT$1,700. At the end of the year, the investor sells the bond at a price of NT$18,030. During the year, the exchange rate goes from NT$1 = U.S.$0.0375 to NT$1 = U.S.$0.0425. What was the investor's U.S. dollar return on this bond?
Question 13 options:
1) 33%
2) 4.23%
3) 14.67%
14.67%
The investor's U.S. dollar return on this bond on the investment is 14.67%.
What is a bond?In finance, a bond is a type of instrument where the issuer (debtor) owes the holder (creditor) a debt and is obligated, depending on the terms, to repay the bond's principal and interest over a specific period of time at the bond's maturity date. The interest is normally due at set periods, such as semiannually, annually, and occasionally less frequently. Bond and stock holders hold a creditor interest in the company, whilst stockholders own a piece of the equity. Bonds and stocks are both regarded as securities. Regarding debt, owners are subordinate to bondholders. In the event of bankruptcy, they will be paid after secured creditors but before investors.
Return on bond=24939/1700=14.67%.
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FILL IN THE BLANK. Figure 5-2 Figure 5-2 above shows the recent ratings from an independent rating agency for selected smartphone brands and models. Each column shows a brand like Apple, HTC, LG, Motorola, and Samsung. These brands are referred to as the ____ when consumers use these smartphone ratings to evaluate the products
These brands are referred to as the consideration sets when consumers use these smartphone ratings to evaluate the products.
What do you mean by consideration sets?The brands and goods a buyer consider before making a final purchasing choice are all represented by the consideration set, a model used in consumer behavior. In 1977, Peter Wright and Fredrick Barbour coined the phrase "consideration set."
The awareness set, which includes all of the brands and goods a customer initially considers when presented with a purchase choice, is a subset of the consideration set. The consumer's unique ideas, preferences, and feelings—such as price, mood, prior experiences, and heuristics—are used to filter the awareness set into the consideration set.
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A _____ tax is one by which the government takes a greater share of the income of the rich than of the poor.
a. progressive
b. proportional
c. regressive
d. transfer
A progressive tax is one by which the government takes a greater share of the income of the rich than of the poor.
What are the Advantages of a Progressive Tax?On the plus side, a progressive tax structure lessens the tax burden on those with the lowest incomes. That puts more money in the hands of low-wage workers, who are more inclined to spend it on necessities and boost the economy as a result. Since the majority of taxes are levied on people with the greatest incomes, progressive tax systems tend to raise more revenue than flat or regressive tax systems. A progressive tax also causes those with the most wealth to fund a larger percentage of the essential services that all people and companies depend on, such road upkeep and public safety.
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Which of the following is added to operating expenses under the direct method? a decrease in net income a decrease in accrued expenses payable an increase in net income an increase in accrued expenses payable a decrease in accrued expenses payable
Option A - a decrease in net income a decrease in accrued expenses payable is added to operating expenses under the direct method.
One of two accounting treatments that are used to produce a cash flow statement is the direct method. The statement of cash flows direct method does not convert the operational section from accrual accounting to a cash basis; rather, it uses real cash inflows and outflows from the company's activities. Net income, in both business and accounting, is an entity's revenue less costs, depreciation and amortisation, interest, and taxes for a certain accounting period.
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the text cites studies that report firms committed to international marketing gain competitive advantages from_____ .
the text cites studies that report firms committed to international marketing gain competitive advantages from clustering operations in specific regions.
International marketing has two advantages. International marketing not only supports the economic diversification of a business, but also helps a business reach a global audience by expanding its audience reach into previously untapped areas.
International marketing aims to direct brands, products and services to potential buyers in other countries. Therefore, companies should pursue a global marketing strategy using market research on foreign territorial cultures and target audiences.
Just know what your customers want and who your customers are is not enough. When it comes to international marketing, factors such as cultural differences, languages, local events, holidays and seasons are critical to success. The
international marketing practice uses his seven key elements of research, product localization, infrastructure, communications, market localization, outbound marketing and inbound marketing to reach different audiences around the world. It is intended to be well adapted to.
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For regular income tax purposes, Yolanda, who is single, is in the 32% tax bracket. Her AMT base is $420,000. Her tentative AMT is: a.$109,200. b.$51,454. c.$113,642. d.$117,600.
Yolanda AMT base is $420,000 and his tentative minimum tax (TMT) is: $134400.
The alternative minimum tax (AMT) is what, exactly?
Alternative Minimum Tax (AMT) is another way to calculate the minimum amount that a person owes in taxes based on their income. It was designed to create fairness in the Canadian taxation system, meaning that higher income earners should pay their fair share of taxes net of the special medical care they receive will be eligible.
The formula for the tentative minimum tax is given as :
Tentative minimum tax= minimum tax base * rate
where the AMT tax base is $420,000.
The rate is given as 32%
The tentative minimum tax = $420,000 * 32%
= $134400
The tentative minimum tax that Yolanda would have is given as $134400
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over the years management has encountered many problems in the course of supervising a sales force. which of the following supervisory problems is hardly ever encountered today by sales manager
The following supervisory problems is hardly ever encountered today by sales manager is finding suitable leads, establishing trust electronically, and approaching decision-makers are all difficulties that salespeople encounter.
As managers, sales managers are often in charge of recruiting and firing personnel, identifying the need for training and implementing it, teaching sales reps, and defining sales areas. They are also accountable for creating sales strategies and carrying out data analysis so that they may make informed decisions.
Involving the team in the sales process and philosophy is essential for an effective sales manager. Open to new ideas, the sales manager must be able to make each salesperson feel like a vital member of the group and an integral component of the customer solutions they offer.
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in san diego, 150 people are willing to work an hour as secretaries if the wage is $20 per hour. for each additional $5 that the wage rises above $20, an additional 50 people are willing to work an hour as secretaries. for wages of $20, $25, $30, $35, and $40 per hour, use the orange points (square symbol) to plot the daily labor supply curve for secretaries on the following graph. supply 0 50 100 150 200 250 300 350 400 450 500 50 45 40 35 30 25 20 15 10 5 0 wage (dollars per hour) labor (number of workers) continue without saving
The opportunity cost of leisure decreases when wages fall. In reaction to shifts in pay rates, the cost of recreation varies. Every increase or decrease in price has two effects.
The replacement effect contends that when wages grow, the expense of leisure time increases, leading to longer workdays. The income effect: As money rises, fewer people work because they have more leisure time.
In other words, an upward sloping labor supply curve represents a situation where the income benefit is outweighed by the substitution impact of rising salaries. The link between the cost of an item or service and the volume delivered over a certain period of time is represented visually by the supply curve.
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the two distinctly different types of franchise systems are_____ franchise and______ franchise.
The two distinctly different types of franchise systems are product trademark franchise and business format franchise.
Give a brief account on Franchise systems.A franchise (or franchising) is a method of selling goods or services that includes a franchisor who develops the brand's trade name and business model and a franchisee who pays a royalty and frequently an upfront fee to use the franchisor's name and system. The "franchise," though technically the agreement that binds the two parties, most frequently refers to the enterprise that the franchisee runs. The term "franchising" most frequently refers to the process of developing and disseminating a brand and franchise system.
Franchise connections can be divided into two categories. The most recognizable variety is business format franchising. In a franchise, the franchisor provides the franchisee not only with access to its name, products, and services, but also with a complete system for managing the firm. Typically, the franchisor will assist the franchisee with site selection and development, operating manuals, training, brand standards, quality control, a marketing strategy, and business consulting help. Despite being less commonly associated with franchising, traditional or product distribution franchising generates more revenue overall than business model franchising.
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When two countries go to war with each other, they are less likely to trade with each other. Assuming that their trade with other countries is unaffected, such a situation will decrease the following for both the warring countries:
Group of answer choices
All of the listed options
Price paid by local consumers
Comparative advantage
Rate of inflation
Trade between two nations is less likely to occur when they are at war with one another. Such a circumstance will lessen the following for both of the warring nations, assuming that their trade with other nations is unaffected: Comparative advantage.
How can trade between nations help both parties?A larger overall output and level of consumption than would have been feasible domestically is made possible through trade between two actors or countries. Canada and Mexico can both focus on the good in which they have a comparative advantage and trade with one another in that area.
What impact does comparative advantage have on international trade?The law of comparative advantage is frequently employed in international trade to support globalization because countries can achieve better material results by manufacturing just the goods in which they have a comparative advantage and trading those goods with other nations.
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Question:
If the MARR is 12%, compute the value of X that makes the two alternatives equally desirable.
A B
Cost $800 $1000
Uniform annual benefit 230 230
Useful life, in years 5 X
Definition Of Useful Life:
An asset's useful life is the period of time in years or the total amount of activity for which the asset will be economically feasible for use in a business operation. Useful life can be used to estimate the depreciation of an asset.
The value of X is 6.9 (in years).
The useful life of an asset is the estimating number of years it can remain in service for the purpose of generating cost-effective income. The Internal Revenue Service (IRS) uses a number of useful calculations to determine the amount of time an asset can be depreciated. There are many factors that can affect useful life estimates, including usage patterns, the age of the asset at the time of purchase and technological advances.
As per the given data,
we need to find out the value of 5X
According to question,
it is given that,
If the MARR is 12%, the two alternatives equally desirable.
A B
Cost 800 1000
Uniform
annual benefit 230 230
Useful life 5 X
We know that,
(EUAB - EUAC) A
Where, EUAB= Equivalent Uniform Annual Benefit.
EUAC=Equivalent Uniform Annual Cost.
= 230 - 800 (A/P, 12%, 5) = 8.08
Putting,
(EUAB -EUAC) B = 8.08 to find the value of x, we have
(EUAB - EUAC) B = 230 - 1,000 (A/P, 12%, x) = 8.08
(A/P, 12%, x) = (230 - 8.08)/1,000 = 0.2219
From the compound interest table, the value of x at 12% will be = 6.9 yrs
Hence, the value of X is 6.9 years.
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