Yes we would have to say that based on the question, that Geoffrey would be able to enforce the deal that is made here.
Why would Geoffrey be able to enforce the deal?The reason why it is going to be possible for Geoffrey to enforce the deal that is being made here is due to the fact that the deal was made with valid consideration at the time that the contract was made.
Now what is needed for a consideration to be genuine would be the presence of a promise. This is available here. One side has to be able to make the commitment so that the other side would have to exchange with their promise.
The consideration that has being made here is one that is considered to be a legitimate consideration hence we can say that Geoffrey is going to have to be able to enforce the contract that is ongoing here.
Hence the answer to the question would be yes he can.
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a. expectations are that china and india may use less oil in the next year. how will this affect the market price of oil? how will this affect be oil’s decision of which wells to drill and their overall production?
Expectations are that China and India may use less oil in the next year. This will decrease the market price of oil.
Between 2003 and 2008, economies, such as those of China and India, contributed to an increase in oil prices. Hamilton (2009a, 2009b) further showed that the 2008 oil price increases were brought on by China's strong demand competing with the declining global oil production.
The region's animal and fish populations as well as human populations can be affected by oil extraction and/or transportation. The surrounding wildlife and habitat suffer greatly as a result of oil waste dumping, production pollution, and spills. Ecosystems on land and in the ocean may be harmed by oil exploration and drilling.
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compared to other high-income nations, the united states has group of answer choices the same level of economic inequality. almost no economic inequality. a classless society. more economic inequality.
The ratio of the classless society is 90th- to 10th-percentile accelerated from 12. ninety in 2020 to fifty-three in 2021. That approach earnings on the pinnacle of the earnings distribution became 13. fifty-three instances better than earnings on the bottom, a 4.9% growth from 2020.
The upward thrust in financial inequality withinside the U.S. is tied to numerous factors. These include, in no unique order, technological change, globalization, the decline of unions and the eroding cost of the minimal wage. Data for 2021 has been posted as a part of the 2022 Human Development Report. South Africa has the best earnings inequality as measured via way of means of the Gini coefficient.
According to current studies, to be withinside the pinnacle 1% of high-income earners withinside the U.S., you want to herald an annual profit of at least $597,815. This approach that the alternative 99% of earners withinside the U.S. make much less than this quantity according to year.
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in november, trinity donuts incurred $8850 in total costs related to the production of 3500 donuts. in december, trinity incurred $8600 in total costs. total fixed costs are $1850 per month. by how many donuts did the production change? (answer as a negative number if production has decreased).
The change of production unit is -125 as the production decreased from 3500 units to 3375 units.
Total cost = variable cost + fixed cost
While:
Variable cost = number of units x cost per unit.
The given parameters:
number of units (November) = 3500 donuts
fixed cost = $1850
total cost (November) = $8850
Hence,
November variable cost = total cost - fixed cost
= $8850 - $1850
= $7000
3500 x cost per unit donut = $7000
Cost per unit donut = $7000 / 3500 = $2
In December:
Total cost = $8600
December variable cost = total cost - fixed cost
= $8600 - $1850
= $6750
number of units x $2 = $6750
number of units = 6750 / 2 = 3375 donuts
Hence, the change of production is 3375 - 3500 = -125
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16. one of the driving reasons behind the need for data management is to manage risk associated with the misstatement of financial data. true or false?
True, one of the driving reasons behind the need for data management is to manage the risk associated with the misstatement of financial data.
In finance, marketplace statistics is price and other associated data for a financial device pronounced by a buying and selling venue along with an inventory exchange. Market statistics lets traders and investors know the state-of-the-art rate and spot historic tendencies for gadgets which include equities, fixed-income merchandise, derivatives, and currencies. The market facts for a selected device could include the identifier of the instrument and in which it was traded consisting of the ticker symbol and change code plus the modern bid and ask charge and the time of the ultimate change. It can additionally encompass different data consisting of quantity traded, and bid, and provide sizes and static statistics approximately the monetary tool which could have come from a selection of sources. There are some economic information providers specializing in amassing, cleaning, collating, and distributing marketplace statistics and this has come to be the most common manner that traders and traders get the right of entry to market data.
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Say that you pay property taxes of $2458.20 every year. if your state has a property tax rate of 0.082, what is the assessed value of your property? a. $29,978 b. $20,157 c. $25,517 d. $21,946 please select the best answer from the choices provided a b c d
Your property has a $29,978 assessed value based on the data provided.
What is property?
Property is a system of rights that gives people legal control over valuable assets and also makes reference to the assets themselves. The owner may be able to ingest, modify, share, reframe, rent, mortgage, stooge, sell, transfer, give away, and even abandon the property depending on its nature; however, regardless of the nature of the property, the owner is always allowed to use the property throughout accordance with the rights to it that have been granted. In economics and political economy, there are three main types of property: private property, public property, and collective property (also called cooperative property).
Amount of property taxes: $2458.20
Rate of property tax: 0.08
Let's enter the formula.
Property value = $2458.20 /0.082
Property value is $29,978.
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Answer:
A
Explanation:
describe your own experience with the contrast between society's trends toward globalism or nationalism over the past 10 years. what are the implications of these shifts for international businesses operating in the united states?
According to the logic of globalization, nationalism in the first scenario is anticipated to lose out and finally cede the spotlight to other supranational options.
It is feasible to distinguish between two different answers to this query. There are two schools of thought: one that views nations and nationalisms as losers of history, as a past phase in human development that is about to pass away and be replaced by other structures better suited to the planet's growing global interconnectedness; and another that views nationalism as the most potent and enduring political force that, far from dying out, is strengthening in response to the challenges of globalization. Despite their many differences, both perspectives have a similar understanding of how globalization and nationalism interact.
Since the two are inherently at odds with one another, their relationship will be one of resistance and conflict.
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The doctrine that allows a creditor to seek recovery from the purchaser of assets even when the purchaser did not expressly assume such liabilities as part of the purchase is called.
The doctrine that allows a creditor to seek recovery from the purchaser of assets even when the purchaser did not expressly assume such liabilities as part of the purchase is called successor liability.
What is successor liability?Successor liability develops when the acquiring firm is held accountable and liable for the target company's duties, such as its contractual obligations.
a state legal principle that enables a creditor to pursue recourse against the buyer of assets for obligations that weren't taken on as part of an acquisition. The idea of successor liability is more frequently used in cases involving products liability, environmental cleanup, and employment law.
The defence of successor liability in asset acquisitions is generally understood to have four classic exceptions. According to how they are typically written, those exceptions are that the buyer does not take on the seller's obligations unless there is either an express or implied agreement to do so, a consolidation or merger of the two corporations, a purchase corporation that is merely a continuation of the seller, or a fraudulent transfer of assets to the buyer with the intention of avoiding responsibility for the seller's debts.
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the manager of a publishing company plans to give a $24,000 bonus to the top 11 percent, $13,000 to the next 35 percent, and $6,000 to the next 12 percent of sales representatives. if the publishing company has a total of 280 sales representatives, what is the expected bonus that the company will pay?
The expected bonus that the company will pay the expected bonus company pays= 2214800.
A bonus is a financial payment that exceeds the recipient's typical payment expectations. Companies may give bonuses to senior executives as well as entry-level workers. While incentives are typically given to great employees, businesses occasionally distribute bonuses to the entire workforce to quell employee resentment.
Bonuses can be offered as incentives to potential hires and can be paid to current employees to recognise their efforts and boost retention. A bonus issue, which is an offer of free additional shares of the company's stock, is one way for companies to give bonuses to its current shareholders. A bonus is a financial payment that exceeds the recipient's typical payment expectations.
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virtually all of the growth in new jobs will come from manufacturing industries.virtually all of the growth in new jobs will come from manufacturing industries.
False, Growth in new jobs has several other factors than manufacturing industries such as literacy, wage rate, etc.
The number of employees added to nonfarm payrolls each month as reported by the United States is used to measure job growth in that country. To support a substantial increase in jobs, technological developments are anticipated to continue developing quickly.
Occupational Labor Statistics (BLS). It is an important gauge of how quickly the economy is growing. Nonfarm payrolls are included in the BLS's Employment Situation Summary, a widely read data publication also known as the monthly employment report.
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Complete Question: (True/False) Virtually all of the growth in new jobs will come from manufacturing industries.
when firms set prices similar to those of competitors, they are following a strategy of question 5 options: me-too pricing. copycat pricing. competitive parity. market-broadening pricing. industry-standard pricing.
Competition-based pricing is likewise called competitive pricing or competitor-primarily based pricing.
This pricing method focuses on the prevailing marketplace price (or going rate) for a corporation's product or service; it would not don't forget the fee for their product or consumer call for.
Value-based, competition-based, value-plus, and dynamic pricing are all fashions that are used regularly, depending on the industry and enterprise version in question.
Competition-based pricing is a strategy through which the rate varies consistently with versions within the rate of competition.
The product rate is indifferent to a client's willingness to pay or product value and is connected totally to competitor fees.
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according to the gordon-growth model, what will be the percentage change in the value of the stock of a company whose current dividend is $10 and whose dividends had been expected to grow by 3% per year but now are expected to grow by 1% per year?
The percentage change in the value of stock based on Gordon Growth model is -23.7%. The intrinsic stock value that had been expected to grow by 3% per year is 147.14 and 1% per year is 112.22.
The Gordon Growth Model or also known as the dividend discount model can be described as a stock valuation method that calculates a stock’s intrinsic value. This dividend discount model is based on a future series of dividends that grow at a constant rate.
The formula of Gordon Growth model, is:
P = [tex]\frac{D(1+g)}{(k-g)}[/tex]
P = intrinsic stock value
D = current annual dividend per share
k = required annual rate per return
g = annual dividend growth rate
Intrinsic stock value = $10 * (1+3%)/(10%-3%)
Intrinsic stock value = 147.14
Intrinsic stock value = $10 * (1+1%)/(10%-1%)
Intrinsic stock value = 112.22
%Charge = (147.14-112.22)/147.14
%Change = -23.7%
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sales during the year were 500 units. beginning inventory was 250 units at a cost of $5 per unit. purchase 1 was 400 units at $6 per unit. purchase 2 was 200 units at $7 per unit. ending inventory under the fifo cost flow assumption (using a periodic inventory system) was:
Sales during the year were 500 units. beginning inventory was 250 units at a cost of $5 per unit. purchase 1 was 400 units at $6 per unit. purchase 2 was 200 units at $7 per unit. ending inventory under the fifo cost flow assumption (using a periodic inventory system) was:
Units in Ending inventory = 250 + 400 + 200 - 500
= 350
Ending Inventory = 200 × $7 + 150 × $6
= $2,300 answer.
Inventory refers to all the items, goods, merchandise, and materials held by a business for selling in the market to earn a profit. Example: If a newspaper vendor uses a vehicle to deliver newspapers to the customers, only the newspaper will be considered inventory.
While there are many types of inventories, the four major ones are raw materials and components, work in progress, finished goods and maintenance, repair and operating supplies
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activity-based versus traditional operational control systems the actions listed next are associated with either an activity-based operational control system or a traditional operational control system:
The following have been divided into two categories i.e., Traditional Control System and Activity-Based Control System.
a) Budgeted costs for the maintenance department are compared with the actual costs of the maintenance department. -Traditional Control System
b) The maintenance department manager receives a bonus for "beating" budget. -Traditional Control System
c) The costs of resources are traced to activities and then to products.
-Activity-Based Control System
d) The purchasing department is set up as a responsibility center.
-Traditional Control System
e) Activities are identified and listed. -Activity-Based Control System
f) Activities are categorized as adding or not adding value to the organization. -Activity-Based Control System
g) A standard for a product's material usage cost is set and compared against the product's actual materials usage cost. -Traditional Control System
h) The cost of performing an activity is tracked over time. -Activity-Based Control System
i) The distance between moves is identified as the cause of materials handling cost. -Activity-Based Control System
j) A purchasing agent is rewarded for buying parts below the standard price set by the company. -Traditional Control System
k) The cost of the materials handling activity is reduced dramatically by redesigning the plant layout. -Activity-Based Control System
l) An investigation is undertaken to find out why the actual labor cost for the production of 1,000 units is greater than the labor standard allowed.
-Traditional Control System
m) The percentage of defective units is calculated and tracked over time.
-Activity-Based Control System
n) engineering has been given the charge to find a way to reduce setup time by 75 percent. -Activity-Based Control System
o) The manager of the receiving department lays off two receiving clerks so that the fourth-quarter budget can be met.
-Traditional Control System
The complete question is here:
Activity-Based versus Traditional Operational Control Systems
The actions listed next are associated with either an activity-based operational control system or a traditional operational control system:
Required:
Select the following actions as belonging to either an activity-based operational control system or a traditional control system.
a. Budgeted costs for the maintenance department are compared with the actual costs of the maintenance department.
b. The maintenance department manager receives a bonus for "beating" budget.
c. The costs of resources are traced to activities and then to products.
d. The purchasing department is set up as a responsibility center.
e. Activities are identified and listed.
f. Activities are categorized as adding or not adding value to the organization.
g. A standard for a product's material usage cost is set and compared against the product's actual materials usage cost.
h. The cost of performing an activity is tracked over time.
i. The distance between moves is identified as the cause of materials handling cost.
j. A purchasing agent is rewarded for buying parts below the standard price set by the company.
k. The cost of the materials handling activity is reduced dramatically by redesigning the plant layout.
l. An investigation is undertaken to find out why the actual labor cost for the production of 1,000 units is greater than the labor standard allowed.
m. The percentage of defective units is calculated and tracked over time.
n. Engineering has been given the charge to find a way to reduce setup time by 75 percent.
o. The manager of the receiving department lays off two receiving clerks so that the fourth-quarter budget can be met.
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A degrading accusation targeted towards you has been posted on a website without your permission. Upon finding it, you proceed to contact the site’s administrators, asking them to take it down because the information is false and damaging to your reputation. They refuse to grant your request. What ethical value are the website owners violating?.
It is a clear example of defamation and a breach of professional ethics on the part of the website owners if false charges are posted on any website without the owner's authorization and the administrator refuses to delete it.
The act of transmitting false information about a person to a third party online in order to harm that person's reputation is known as defamation. The person whose identity is portrayed negatively on the website may file a defamation lawsuit against the website's proprietors and seek damages. Cyber defamation typically refers to a defamatory statement, visible remarks, or commentary about individuals or harmful behavior that is published online. While working in the digital environment, cyber ethics are crucial.
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The part of staffing that involves seeking out and attracting qualified potential job candidates is called.
The part of staffing that involves seeking out and attracting qualified potential job candidates is called Recruiting.
Process way an assignment or work on one unique assignment. An instance of an activity is cleansing the restroom. An instance of an activity is a contractor agreeing to redo a bathroom. The candidate is a process seeker who has been pre-qualified for a particular role or class of jobs and has been thru the application process.
An energetic candidate is actively seeking out paintings. this doesn't necessarily imply unemployed, but it can. This group is looking for a new opportunity for a diffusion of motives: they're involved in their modern-day business enterprise's stability.
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serena invents a new, unique, long-life battery. a grant from the government that gives serena the exclusive right to make and sell the battery for a certain period of time is a question 23 options: a) trademark. v) patent. c) trade secret. d) copyright.
Serena invents a new, unique, long-life battery. A grant from the government that gives Serena the exclusive right to make and sell the battery for a certain period of time is patent.
What is government?
An organised community is governed by a system or group of people, typically a state. Government typically consists of the legislative, executive, and judicial branches in the particular instance of its broad associative definition. Government is a mechanism for making policy decisions as well as a way to enforce organisational policies. A declaration of the government's guiding principles and philosophy is the equivalent of a kind of constitution in many nations. The term "government" is frequently used more specifically to refer to the roughly 200 independent national governments as well as subsidiary organisations, even though all organisations have governance. Modern democracies, monarchies, as well as authoritarian and totalitarian regimes are the main varieties of political systems. The monarchy, the aristocracy, the timocracy, the oligarchy, democracy, theocracy, as well as tyranny have all been common forms of government throughout history.
Therefore, the correct option is (B) patent
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suppose demand for a product is 100 units a day and a factory produces seven days a week. which production schedule would be in line with the tps philosophy toward pace? multiple choice question.
Let's say a plant operates seven days a week and there is a daily demand for 100 units of a product. The plan would be in line with the tps pacemaking idea of 100 units every day.
A product is anything that can be delivered to the market to satisfy a client's need or want. In marketing, a product is an object, system, or service made available for consumer use based on consumer demand. Products are sometimes referred to as goods in the retail sector and are purchased as raw materials and then sold as finished goods in the manufacturing sector. Another category of goods is service.
A commodity can be anything that is readily available on the open market, but is usually raw commodities such as metals and agricultural products. In project management, "products" are the formally defined outputs of the project that constitute or help to achieve the project's objectives.
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which term describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society? multiple choice question. consumer deficit economic recession imperfect competition market failure
Market failure is the term that best describes the inability of a market to bring about the allocation of resources that best satisfies the wants of society.
In the field of business, market failure is a term that is used to describe a situation in which a market is unable to give its optimal results. In a market failure situation, there are not enough resources in the market that are required by the consumers.
The market of such a society that is unable to meet the requirements of the consumers leads to failure. A disequilibrium will arise between the supply and demand of resources in a market failure.
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present value: what is the present value of a property now if its future value is predicted to be $5,000,000 at the end of 5 years, assuming a discount rate of 7.5% per year (compounded annually)?
If the future value is predicted to be $5,000,000 at the end of 5 years, assuming a discount rate of 7.5% per year. Then the Present value is $3,482,793.16
Present value = [tex]\frac{C}{(1+r)^n}[/tex]
C = Future cash flowr = Discount raten = Number of periodsPresent value = [tex]\frac{5000000}{(1+7.5)^5}[/tex]
= $3,482,793.16
A future sum of money or stream of cash flows' present value (PV), assuming a particular rate of return, is their present value. The discount rate determines the present value of future cash flows; the greater the discount rate, the lower the present value of the future cash flows. The key to correctly valuing future cash flows, whether they be earnings or debt obligations, is determining the right discount rate.Assuming that a rate of return might be achieved on the money during the time is necessary to calculate present value.The predicted cash flows of an investment are used to compute present value by discounting them to the present.Learn more about Present value (PV), here
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ridez manufacturing currently produces 1,000 bicycles per month. the following per unit data apply for sales to regular customers: direct materials $50 direct manufacturing labor 8 variable manufacturing overhead 12 fixed manufacturing overhead 15 total manufacturing costs $85 the plant has capacity for 3,000 bicycles and is considering expanding production to 2,000 bicycles. what is the per unit cost of producing 2,000 bicycles?
The plant has capacity for 3,000 bicycles and is considering expanding production to 2,000 bicycles. The per unit cost of producing 2,000 bicycles is $77.5
Direct materials $50
Direct manufacturing labor $8
Variable manufacturing overhead $12
Fixed manufacturing overhead ( $15 × 1000) ÷ 2,000 $7.5
Total manufacturing costs = Direct materials + Direct manufacturing labor + Variable manufacturing overhead + Fixed manufacturing overhead = $77.5
A unit cost is the overall cost incurred by a business to create, hold, and sell one unit of a specific good or service. Cost of goods sold and unit costs are interchangeable terms (COGS).The phrase "variable overhead" is used to describe the varying production expenses connected to running a firm. Variable overhead costs change proportionally to changes in production output. Variable overhead is distinct from general overhead costs incurred by administrative duties and other functions that are subject to strict budgetary constraints.Learn more about Variable overhead, here
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What type of decision-support system analysis uses a backward solution approach that attempts to calculate the value of the inputs necessary to achieve a desired level of output?.
Goal-Seeking Analysis of decision-support system analysis uses a backward solution approach that attempts to calculate the value of the inputs necessary to achieve a desired level of output.
Breaking down a complicated subject or thing into simpler components to better understand it is called analysis (plural: analyses). Even though analysis as a formal term is a relatively new invention. The word is derived from the letter "v" in Ancient Greek.
We could just make out the distant sound of the approaching train. to approach something or someone in space, time, quality, or amount
In aviation, an instrument approach or instrument approach procedure (IAP) is a set of predetermined maneuvers for the safe and orderly transfer of an aircraft operating under instrument flight rules from the start of the initial approach to the landing or to a point from which a landing can be done visually.
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one of your customers has recently celebrated a 58th birthday. the investor began a regular investment program into shares of the kapco growth fund ov
The investor began a regular investment program into shares of the kapco growth fund this recommendation would result ina taxable transaction for those shares exchanged.
Any dividends and net realized capital growth fund accrued by mutual funds over the course of the previous year must be distributed, and even if the money is reinvestment in shares of the fund, the distributions are taxable income.
Investors who are worried about their exposure to taxes might wish to think about investing in tax-efficient equity funds. By keeping holdings turnover low and harvesting losses to offset realized gains, these growth funds are often managed with an eye toward minimizing capital gain distributions, if practicable.
T. Rowe Price financial planners strongly advise investors to concentrate largely on their long-term financial goals, even when taxable considerations may play a significant influence in investing selections.
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The complete question is :
One of your customers has recently celebrated a 58th birthday. The investor began a regular investment program into shares of the KAPCO Growth Fund over twenty years ago. The account is showing a substantial gain. Because retirement is getting closer, you suggest using the exchange privilege offered by the KAPCO fund group. Your recommendation is to place half of the holdings into the KAPCO Balanced Fund. Following this recommendation would result in.
________ is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them.
Vertical integration is a business strategy in which a company purchases its upstream suppliers to ensure that its essential supplies are available as soon as the company needs them. Vertical integration can occurs when one company acquires a vendor, distributor, supplier, producer, or other related company within the same industry.
A business strategy can be defined as the specific ways in which an organization plans to position itself, grow over a period of time, and also achieve its short-term and long-term goals.
There are several examples of business strategies, such as Improve customer retention and Improve customer service. So, we can conclude that customer is an important point for business strategy.
There are several types of business strategies, such as:
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Business-related elements like charts, graphs, tables, and flowcharts in the PowerPoint Online application can be added to a presentation.
Answer: Graphs, Tables, Flowcharts and other such elements are very important part of a business presentation and we can add it very simply by;
Click on the slide you want to add your graph
next, right click on that slide and a drop list will appear
next, click on insert tab from that list and select the graph type you need. And it's done.
Explanation:
A graph is very helpful in any monotonous business presentation its makes it more lively and attractive when comes with accurate data, similarly a table needs to be inserted for better comparative study of the given figures. And by just clicking on the insert option on any particular slide we can do it within seconds.
Flowcharts are like brain map which makes things easy to understand as well as to explain.
Click on the particular slide then
a right click followed by choosing the option you need and then in just these simple steps it's done.
if the price elasticity of supply for a good is equal to infinity, then the a. supply curve is vertical. b. supply curve is horizontal. c. supply curve also has a slope equal to infinity. d. quantity supplied is constant regardless of the price.
If the price elasticity of supply for a good is equal to infinity, then the supply curve is horizontal.
The relationship between the price of an item or service and the volume delivered over a specific time period is represented graphically by the supply curve. The price will typically be shown on the left vertical axis of an example, and the amount given will be shown on the horizontal axis.
The supply curve, which embodies the law of supply, will incline higher from left to right: The amount supplied rises as the cost of a certain good rises (all else being equal).
Keep in mind that this formulation suggests that quantity is the dependent variable and price the independent variable. The independent variable often appears on the horizontal axis, or x-axis, although economics is an exception.
Supply curves may frequently predict whether demand will cause a commodity's price to rise or fall, and vice versa.For items whose supply is more elastic, the supply curve is shallower (closer to the horizontal), whereas for those whose supply is less elastic, the curve is steeper (closer to the vertical).The demand and supply curves are the two main tenets of the law of supply and demand.Learn more about Supply curve, here
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if modern company received $3,300 from connor young on march 12 for the total amount of an account that had been written off on march 1, the entry to reinstate the account under the allowance method would include a
The entry to reinstate the account under the allowance method would include a credit to Allowance for Doubtful Accounts of $3,300.
An allowance is a quantum of plutocrats given or distributed generally at regular intervals for a specific purpose. In the environment of children, parents may give an allowance to their child for their eclectic particular spending.
The normal balance for Allowance for Doubtful Accounts is a credit balance. A company with a disbenefit or zero balance will have an advanced conforming entry than a company with a credit balance, and a company with a zero or credit balance will have a lower conforming entry than a company with a disbenefit balance, handed both companies need the same ending balance.
still, the only correct option is that Stanley had a disbenefit balance and Fowler had a credit balance in their Allowance for Doubtful Accounts at the end of 2017, If Stanley Cleaning Services has a larger conforming entry than Fowler Landscaping.
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if a firm prices a product low, it may signal to a customer that blank . multiple choice question. that the product outperforms its competitors the product is a brand new offering there is strong demand for the product the product is of questionable quality\
Answer: the product is of questionable quality.
Explanation:
What do you think is the reason for more demand of a Channel bag whereas lower of Baggit; the answer is simple with the higher price tags we assume that particular product to be better then the other one in the market.
It falls in the category of Giffen goods i.e it's the type of goods for which the demand increases as the increase in its price.
Let's take an example while buying a food item we first check its quality and even if the two of them are identical in every aspect we try to go for the expensive one because we have a mindset which says the expensive, the better.
n which country's business environment is it important to understand that potential customers want to develop a personal relationship before doing business with foreign executives, dinner exchanges and lunch meetings provide a good time for executives to get to know one another better, and dinners most often occur in the late evening, at 9 or 10pm?
It's crucial to realize that prospective clients in Latin America want to build a personal connection before conducting business with international leaders. Executives might get to know one another better through lunch meetings and dinner conversations. At around 9 or 10 pm in the evening, dinner is typically served.
Businesses are organizations or enterprising entities involved in commercial, industrial, or professional activity. To coordinate any form of economic production is the goal of a business (of goods or services). Businesses can be for-profit corporations or nonprofit groups with a benevolent aim or advancing a social cause. From small, local businesses to massive, global organizations, businesses range in size and scope.
A company that operates for industrial, commercial, or professional purposes is frequently referred to as a business. A concept starts with an idea and a name, and in-depth market research may be necessary to ascertain whether it is feasible to transform the idea into a business. Before operations start, businesses frequently need business strategies.
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a salesperson working out of a branch office has been disciplined for committing a violation of licensing law. is the primary broker responsible for the salesperson's actions?
Yes, Primary Brokers are accountable for ALL of the licensed salespeople who work for them. If a salesperson who works from a branch office has been punished for breaking the licensing law.
Prime brokers function as an intermediary between hedge funds and two important counterparties in addition to offering a comprehensive range of custodial and financial services to their hedge fund clients. Large institutional investors, such pension funds, which have sizable licensing law equity holdings and may consequently provide assets to lend for short-selling purposes are the first of these crucial counterparties.
Commercial banks who have sufficient funds on hand to make sizable loans for margin purposes make up the second key group of Primary Brokers counterparties. These two counterparties allow hedge funds to borrow stocks and bonds from large institutional investors in order to engage in widespread short selling on a large scale. They also allow hedge funds to maximize their investment returns through leverage by licensing law obtaining margin financing from commercial banks. In exchange for helping to Primary Brokers complete the transaction, the prime brokerage earns money by adding a fee, such as a spread or premium, to the loan from a commercial bank.
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If uber compares its performance in canada to the performance of lyft, it would be.
If uber compares its performance in canada to the performance of lyft, it would be benchmarking.
What is uber?
Based in San Francisco, Uber Technologies, Inc. (Uber) offers mobility as just a service, ride-hailing (which enables customers to reserve a vehicle and driver to transport them similarly to a taxi), food delivery (through Postmates and Uber Eats), package delivery, courier services, and freight transportation. Users can also book other modes of transportation through the Uber platform in the some locations thanks to alliances with other operators like Thames Clippers (boats) and Lime. At the time of the booking, Uber determines the prices, which vary using a vibrant pricing model based on the local supply and demand and are quoted to a customer in advance. Uber also earns a commission out of each booking. As of December 31, 2021, it operated in roughly 72 countries and 10,000 cities.
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Uber would be benchmarking if it evaluated lyft's performance in Canada in comparison to its own.
What is Uber?
Uber Technologies, a San Francisco-based company Inc. (Uber) provides ride-hailing, food delivery (through Postmaster and Uber Eats), package delivery, courier services, and freight transportation in addition to mobility as a service.
Customers can reserve a car and driver to transport them similarly to a taxi. Due to partnerships with other operators including Thames Clippers (boats) and Lime, users in various regions can also book other kinds of transportation using the Uber platform.
Uber establishes the prices at the time of the reservation; these costs vary based on a dynamic pricing model that takes into account the local supply and demand and are quoted to the customer in advance.
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