Neither Sarah nor Ken can get employer-provided health insurance.
Sarah is an employee and Ken is an independent contractor at Kerns Realty so neither Sarah nor Ken can get employer-provided health insurance because an entity that uses the services of an independent contractor is not required to provide them with employment benefits, such as health insurance and employer-sponsored retirement accounts that the entity may otherwise provide to its employees. An independent contractor is self-employed person or entity contracted to perform work for or provide services to another entity as a non-employee. As a result, independent contractors must pay their own Social Security and Medicare taxes.
Thus, option (c) is correct.
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the records of concord company at the end of the current year show accounts receivable $98,400, credit sales $1,036,800; and sales returns and allowances $51,200. if concord uses the direct write-off method to account for uncollectible accounts and concord determines that matisse's $1,152 balance is uncollectible, what will concord record as bad debt expense? bad debt expense $ (b) if allowance for doubtful accounts has a balance of $1,408 and concord concludes bad debts are expected to be 10% of accounts receivable, what will concord record as bad debt expense? bad debt expense
The concord will record as bad debt expense that if allowance for doubtful accounts has balance of $1,408.
What is bad debt?Bad debt, also known as uncollectible accounts expense, is a sum of money that is owed to a creditor but is unlikely to be paid and for which the creditor is not willing to take action to collect for a variety of reasons, frequently due to the debtor not having the money to pay, for example due to a company going into liquidation or insolvency. Depending on accounting practices, regulatory considerations, and the institution provisioning, there are many technical definitions of what a bad debt is. Bank loans in the USA are referred to as "problem loans" if they are more than 90 days overdue. Accounting sources recommend deducting the whole amount of a bad debt as soon as it is anticipated from profit and loss or allocating a reserve for it.
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when the u.s. gives foreign aid to developing nations in africa, which of the following balance of payments account is affected?
'When the U.S. gives foreign aid to developing nations in Africa, the balance of payments current account is affected .
In economics, a country's current account balance records the value of imports and exports of goods and services, and the international transfer of capital. It is one of the two components of the balance of payments, the other being the capital account.
Checking accounts are opened by business people who have many regular transactions with the bank. This includes deposits, withdrawals and counter transactions. Also known as an overnight savings account. A checking account can be opened at a cooperative bank or a commercial bank.
A checking account, also known as a financial account, is a type of savings account held by an individual who makes a significant number of transactions with the bank on a regular basis. This will be made by the bank at the request of the applicant and will be available for frequent or immediate access.
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an entrepreneurial team consists of question 8 options: managers with similar skills, abilities, and interests. experienced professionals from different areas of business. a group of wealthy investors who share a vision for a product. representatives from management, labor, and the government who work together to solve a company's problems in a creative way.
an entrepreneurial team consists of experienced professionals from different areas of business.
What is entrepreneurial team?An entrepreneurial team is “composed of two or more people who have a financial and other interest and are committed to the future and success of the company. The entrepreneurial team and those who are accountable to the company, those who are considered to be responsible for management in the early stages of the company, including its incorporation and pre-incorporation, and they are social recognized by oneself and others as a unit” (Schjoedt and Kraus 2009:515). Together they therefore create a company that is partners, employees and members of the management team. According to the definition of teamwork (Brandstätter 1997), an entrepreneurial team must meet two of her criteria: Company ownership and responsibility for its performance. However, gaps remain in researching the right mix of ideal team competencies. Despite the growing trend toward teamwork, lists of the best competencies at the individual level are often used (Chen and Chang 2010; Delamare and Winterton 2005; Hafeez and Essmail 2007).learn more about entrepreneurial team here:
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the italian bread company purchased land as a factory site for $55,000. an old building on the property was demolished, and construction began on a new building. costs incurred during the first year are listed as follows: demolition of old building $ 7,500 sale of salvaged materials (1,000) architect fees (for new building) 12,500 legal fees (for title investigation of land) 1,500 property taxes on the land (for the first year) 2,500 building construction costs 450,000 interest costs related to the construction 15,500 required: determine the amounts that the company should record in the land and the building accounts
The company should record the land and building at $65500 and $478000 respectively
The cost of reconstruction is defined as what it would cost to create a similar structure today utilizing the same materials, construction standards, design, layout, and quality. The MSB reconstruction cost includes additional expenditures for the contractors hired to do repairs and restorations, the construction itself, the property's location, demolition charges, and debris removal. These elements lead to a valuation that is higher than one for a brand-new building.
Particulars Land Building
Purchase price 55,000
Demolition of the old building 7,500
Sales of salvage material -1,000
Architect fees 12,500
Legal fees 1,500
Property tax 2500
Building construction cost 450,000
Interest cost related to construction 15,500
Total cost 65500 478000
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when money is used as a standard of value, a person is when money is used as a standard of value, a person is making a financial transaction. writing a check for groceries. earning more money than before. making price comparisons among products. purchasing a necessity.
When money is used as a standard of value, a person is when money is used as a standard of value for making price comparisons among products
Money as a standard value :
Money acts as a standard of value by framing it simple for people to compare the worth of different goods and services according to a livery source point. Money can similarly be used as a store of valuation to make trades more effective. Money serves as a standard of value by demonstrating a universal standard for the pricing of commodities and services. It allows Frank to fluently understand the costs of goods and services and frame comparisons between the value of those. Money is anything that serves as a mean of exchange.
Money :A mean of exchange is anything that's extensively accepted as a measure of payment.The 4 different types of money as classified by the economists are marketable money, fiduciary money, fiat money, commodity money. Money whose value comes from a something of which it's made is understood as commodity money.
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major businesses that own or own interests in radio or television production and broadcasting; motion pictures, movie theaters, and music companies; newspaper, periodical (magazine) and book publishing; and internet services and content providers that influence people and cultures worldwide are known as
media industries. The firms that enable the sharing of information are all included in the media sector.
Why is the media sector vital and what is it?The media sector is a significant stakeholder and consists of companies that are experts in the delivery of broadcast content, including print, Internet, television, radio, and direct mail. Additionally, the media influences how consumers view businesses. The media sector spans a vast range of disciplines, each with its own corresponding infrastructure, including advertising, broadcasting and networking, news, print and publication, digital, recording, and motion pictures. Creating, producing, marketing, and disseminating books, newspapers, magazines, advertisements, music and music media (records, CDs, and prerecorded tapes), motion pictures, television, and other forms of visual and auditory media are the main goals of these businesses. Page 5 The media industries' organization and traits 5 radio shows and a computer program
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company z's bonds have a $1,000 par value, and they mature in 30 years. the nominal, annual yield to maturity is 8.25%, but they pay interest semiannually, and their current price is $935. what is the bond's nominal coupon interest rate?
Bond price is the discounted present value of the future cash flow that a bond will produce. It is the total of the present values of all anticipated coupon payments plus the par value at maturity. The known future cash flows must simply be discounted in order to get the bond price.
$1000 in face value (FV).
There are two compounding periods each year.
There are 30 years till maturity.
NPER (number of compounding periods remaining until maturity): 60
8.25% yield till maturity
(RATE) Yield to Maturity: 4.15%
Bond price: $770 (PV).
Coupon rate is equal to 6.17% (Coupon payment x Compoundings per 12 year + $FV).
Bond prices and yields to maturity have a negative correlation with one another. A bond's price and face value are reversed when the yield-to-maturity is greater than the coupon rate.
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Coupon payment x Compounding per 12 year + $FV = 6.17% is the coupon rate.
What is a bond price?Investors' willingness to pay for an existing bond determines the bond's price. Bond prices are given as a percentage of face (par) value in both the online offering table and the statements you get. Example: You're thinking about purchasing a corporate bond.
NPER (amount of compounding cycles left before maturity): 60
yield until maturity of 8.25%
Yield to Maturity (RATE): 4.15%
Bond cost: $770. (PV).
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what is a disadvantage of related diversification? group of answer choices firms select new businesses and industries based on financial considerations. firms are able to look for promising investment opportunities for future profit
The disadvantage of related diversification is that firms are able to look for promising investment opportunities for future profit, which means option B is the right answer.
Diversification is the act of inducing more branches of a business to expand it in the preexisting operations in areas where it is not present. Related diversification enhances shareholder value by taking control over cross-business strategic fits. It enables transfer of skills and capabilities from one business to another. It causes a combination of new resources to produce batter capacities and capability. Related diversification can allow a firm to share and transfer critical success factors across different businesses leading to efficiencies in resource allocation. The disadvantages are often too optimistic and are harder to manage. Also, several significant barriers are present which actually capitalize on shared synergies and related diversification is often overvalued.
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Which economic model reveals the variety of options for what to do with your scarce time?.
The PPF is an economic model that reveals the various options for what you can do with your scarce time.
Generally, economic models are used to make predictions regarding economic behavior, which can then be cross-checked against actual data. It is because of the unavailability of proper objective metrics to measure economic results. The Production Possibilities Frontier (PPF) is one such economic model that indicates all the different combinations of the output of two goods or products that can be produced using available technology and resources. The PPF captures the concepts of choice, tradeoffs, and scarcity.
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Answer:
Production Possibilities Curve.
Explanation:
Took the test and got it right.
soft pegs that are periodically adjusted are called group of answer choices snakes. managed floats. hard pegs. crawling pegs.
Soft pegs that are periodically adjusted are called hard pegs.
A soft peg describes the sort of exchange rate regime applied to a forex to hold its value solid towards a reserve forex or a basket of currencies. Currencies with a gentle peg are halfway between those with a set or tough pegged alternate charge and those with a floating trade price.
In a tender peg exchange fee coverage, the forex marketplace typically determines a country's alternate price, but the authorities once in a while intervene to bolster or weaken it. In a tough peg change fee policy, the government chooses a trade price. A primary bank can intrude in change markets in two approaches.
A smooth peg is an exchange charge policy in which a government allows the change price to be set by means of the marketplace, but in some cases, especially if the change charge appears to transport hastily in one course, the primary bank will intervene in the marketplace.
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how should social and digital tools and technology should be considered in your overall marketing mix
Social and digital tools and technology should be considered in your overall marketing mix
Advertising on television on and in social media.
What is digital tools and technology?
Digital technologies can be defined as the electronic tools, systems, devices and resources that generate, store or process data. It include social media, online games, multimedia and mobile phones. Even digital learning is a part of this process. Even a video or a movie maker can be considered as an example. They are used to cover and attract a wide range of customers.
Hence, Advertising on television on and in social media. is the best option available.
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kelly and tim browne plan to refinance their mortgage to obtain a lower interest rate. they will reduce their mortgage payments by $83 a month. their closing costs for refinancing will e $1,670. how long will it take them to recover the cost of refinancing?
It will take 20.1 months to recover the cost of refinancing
A mortgage, just like another other type of credit extended, may be refinanced. This occurs when there is the replacement of an existing mortgage agreement with another mortgage under different terms.
Refinancing refers to the procedure of changing the terms of an existing credit agreement, frequently one that has a loan or mortgage as its focus. When a person or company chooses to refinance a credit obligation, they are essentially looking to change the interest rate, the repayment schedule, and/or other contract terms in a way that benefits them.
In order to determine the amount of time will pass in order to recover refinancing costs, we must refer to the payment savings and calculate the following:
=1,670/83
=20.1 months
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the disposable income from your part-time job in 2021 was $13,200. in 2020, you borrowed $1,400 at 12 percent interest. you repaid your loan with interest in 2021. how much would you have available for spending in 2021?
My left-over balance after paying $140168 from my disposable income of $13,200 which I earned from a part time job in 2021, will be $(140168-12000) = $128168.
What is defined as disposable income?
The amount of money available for spending and saving after income tax is subtracted is known as Disposable income.
Briefing:
Let's first figure out how much we have to spend to repay our loan from 2020 plus interest for a full year in order to address this problem.
Let's assume that the interest was compounded annually at a rate of 12% annually as we move forward.
According to the Compound Interest formula,
Where,
A = Final Amount (Principle + Interest).
P = Principle Interest in compounded
R = Rate of Compound Interest
n = Time period of interest .
Here, (P = $1400), (R = 12%) and (n = 1).
=1400 *(1+12/100)^1
=1400 *(1+12/100)
=1400*(100+12/100)
=(1400 * 100.12)
=140168
Hence, my left-over balance after paying $140168 from my disposable income of $17,000 which I earned from a part time job in 2020, will be $(140168-12000) = $128168
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on november 1, 2024, new morning bakery signed a $200,000, 6%, six-month note payable with the amount borrowed plus accrued interest due six months later on may 1, 2025. new morning bakery should record which of the following adjusting entries at december 31, 2024?
On November 1, 2024, new morning bakery signed a $200,000, 6%, six-month note payable. On December 31, 2024, new morning bakery should record adjusting entry of credit interest payable of $2,000
Interest payable is defined as a current liability account used to record interest that has been accrued but has not yet been paid at the end of the fiscal year. It is shown in the balance sheet's current liabilities column (credit), and its balance is rectified by an adjusting item.
In the given problem, the company signed a note payable $200,000 on November 1, 2024.
It means, on December 31, 2024, the number of periods = 2 months.
Interest per month = 6%/12 = 0.5% = 0.005
Interest is calculated using:
I = interest rate per period x principal x number of periods
I = 0.005 x 200,000 x 2
I = 2,000
Hence, the company should record interest payable of $2,000
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as the price of tomatoes fell from $2.50 to $2.00, the quantity imported from mexico fell from 1,800 tons to 900 tons. the elasticity of supply of tomatoes imported from mexico is:
The quantity imported from Mexico decreased from 1,800 tons to 900 tons as the price of tomatoes decreased from $2.50 to $2.00. The supply elasticity of tomatoes coming from Mexico is 3.0.
What does supply elasticity mean?A good or service's responsiveness to supply after a change in its market price is measured by its price elasticity of supply. Basic economic theory states that when a good's price rises, its supply will also rise.
The following formula can be used to determine the supply's elasticity:
Elasticity is equal to [(Q2 - Q1)/(Q2 + Q1)/2)]. / [(P2 – P1) / ((P2 + P1) / 2)]
Alternatively, put another way: Elasticity is equal to (Q/Qave) / (P/Pave).
where Q and P, respectively, stand for quantity and price.
We are informed that
P1 equals $2.5 Q1 equals 1,800 tons
P2 equals $2 and Q2 equals 900 tons.
adding the specified values to the equation:
Elasticity is equal to [(900 - 1800)/(900 + 1800)/2)]. / [(2 – 2.5) / ((2 + 2.5) / 2)]
Elasticity is equal to (-900/1350)/(-0.5/2.25)
elastic factor = 3.
Positive elasticity means that the supply and price are inversely correlated.
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assume that the united states government introduces an expansionary monetary policy, increasing the money supply in the market. in the accompanying graph, demonstrate the long run effect on aggregate demand and short run aggregate supply. then, answer the following question.
Short-run effect on aggregate demand and short-run aggregate supply is it has no effect on GDP SRAS lines shifts left, AD line shifts right.
Aggregate demand is the total demand for goods and services in a country's economy at a certain price level. In an open economy, aggregate demand consists of demand from four macroeconomic sectors, namely households, businesses, government, and the external sector. Aggregate demand can also be defined as the total quantity of goods and services that households, firms and the government want to buy at the existing inflation rate. In other words, the demand that occurs as a whole in a country.
Among examples of aggregate demand are:
Total imports of Indonesian motorized vehicles throughout 2019 show aggregate demand for motorized vehicles from within the countryIndonesia's total shrimp exports to Japan in 2020 shows the aggregate demand for shrimp commodities from Japan.Learn more about Aggregate demand here brainly.com/question/29349235
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Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon
Multiple Choice
competitive head start.
first-mover advantage.
creating market barriers.
technological disadvantage.
Lieberman and Montgomery examined the advantages and disadvantages of being the first firm to enter a product into the market. They coined this phenomenon first-mover advantage.
Which three benefits are offered to a company that launches a product first in its market, according to Lieberman and Montgomery?
Professors Marvin Lieberman and David Montgomery of Stanford University outlined three advantages of being first in their award-winning article: technological leadership, resource control, and buyer-switching costs.
First movers benefit from having more time to create economies of scale, or affordable means of producing or delivering a good. The possibility of items being imitated or improved upon by rivals is one of first movers' drawbacks. Examples of businesses that benefit from first-mover status are Amazon and eBay.
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in your sap s/4hana system, you report financial values for three separate accounting principles. you post an acquisition for an asset that is capitalized in a single accounting principle. if you use the application to post integrated asset acquisitions, how many documents will the system post?
If you utilize the application to post integrated asset acquisitions in your SAP S/4HANA system, the system will submit 2 papers.
Describe the SAP S/4HANA system.The SAP S/4HANA ERP business suite, which is based on the SAP HANA in-memory database, enables businesses to conduct transactions and analyze corporate data in real time.
S/4HANA commonly referred to as the "digital core," serves as the foundation of SAP's strategy to assist clients with digital transformation, a broadly defined process where they can alter current business processes and models or establish new ones.
As a result, companies are more equipped to adjust to changing customer demands, business needs, and environmental factors. SAP refers to this S/4HANA-based business environment as the intelligent enterprise.
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Which of the following does not belong to the planning phase of project management? A)Monitoring Resources B)Defining the Project C) Goal Setting D) Team Organizaition
Monitoring Resources do not belong to the planning phase of project management.
Project management is the process of organizing a team's efforts to complete all project objectives within the allotted time and budget constraints. Typically, this information is detailed in project documentation that is created at the start of the development process. The second challenge is to allocate resources as efficiently as possible and use them to carry out predetermined objectives.
To produce a finished project that meets the goals of the client is the goal of project management. In many instances, the goal of project management is also to restructure or modify the client's brief so that it can realistically address the client's objectives.
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promoters of a youth-oriented magazine publishing business substantially complied with each of the mandatory conditions precedent to the incorporation of the business, but they forgot to include the incorporators' addresses in the articles of incorporation. as a result, a(n) corporation was formed.
When a promoter is held liable in a pre-incorporation contract, the promoter is exonerated of that liability: when the other contracting party and the corporation agree to release the promoter from responsibility.
Are pre-incorporation contracts enforceable against a promoter?
Unless and until there is a novation, the promoter is personally liable for any contracts he signs before the company was formed.
Who personally bears responsibility for pre-incorporation?
Pre-incorporation contracts typically hold promoters personally accountable. The promoter will be held liable for breach of contract if a company fails to ratify or adopt a pre-incorporation contract in accordance with the Specific Relief Act.
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what electronic check-out coupon program allows marketers to deliver coupons only to consumers who satisfy the manufacturer's specific targeting requirements? group of answer choices
Electronic coupons allows marketers to deliver coupons only to consumers who satisfy the manufacturer's specific targeting requirements.
E-coupons, sometimes referred to as electronic or digital coupons, are the digital equivalent of paper coupons, which are used to offer discounts or freebies to clients to entice them to buy certain products. Typically, e-coupon services are provided by supermarket and medicine retailers during loyalty programme events.
From the perspective of the consumer, digital coupons are more practical. Due to the fact that they are given digitally, they are economical and effective. Businesses can show their appreciation for their clients by providing coupons. Reporting is well-documented because auditing procedures are external.
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if there are constant rumors that a business is in financial crisis, employees might lose internal motivation. which level of maslow's hierarchy reflects this situation?
a. Safety needs
b. Social needs
c. Physiological needs
d. Esteem needs
e. Self actualization
Answer:
a. Social needs
Explanation:
absolute veto is the term for the executive authority to reduce or eliminate funds for individual programs from a budget adopted by a legislative body.
The three essential sources of federal tax revenue are individual earnings taxes, payroll taxes, and corporate earnings taxes.
Other sources of tax income include excise taxes, the estate tax, and other taxes and fees.
What are the 4 subsystems of the budget execution phase?The budget cycle consists of 4 phases: (1) prepara- tion and submission, (2) approval, (3) execution, and (4) audit and evaluation.
What is the important source of federal income ?Personal profits taxes and Social Security taxes are the largest sources of federal authorities revenues. The federal government derives roughly seventy five percentage of its income from these two sources.
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The document is the element of a project plan that describes the method of delivery that is covered by documents such as the technical specification and test plans.
What is planning?The function of management involves setting goals and determining courses of action to achieve those goals. Planning requires managers to be aware of the environmental conditions facing their organization and to anticipate future conditions.The planning function involves setting goals and arranging them in a logical order. Organizations that plan well reach their goals faster than those that do not plan before they act.To be a successful manager, you have to do all four things while managing your work and your team.Decide in advance what and how you will do it. It is one of the most important duties of a leader. Before doing anything, a manager should have an opinion on how to approach a particular job. Planning is therefore strongly correlated with discovery and creativity. But managers must first set goals.
The steps involved in the planning process are as follows
setting up objectivesfuture foresightevaluating alternativeselecting the best alternativesimplementation of planto learn more about planning refer to
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molly grey (single) acquired a 30 percent limited partnership interest in beau geste llp several years ago for $48,500. at the beginning of year 1, molly has tax basis and an at-risk amount of $29,500. in year 1, beau geste incurs a loss of $227,000 and does not make any distributions to the partners. in year 1, molly's agi (excluding any income or loss from beau geste) is $63,000. this includes $16,600 of passive income from other passive activities. in year 2, beau geste earns income of $35,500. in addition, molly contributes an additional $33,800 to beau geste during year 2. molly's agi in year 2 is $66,300 (excluding any income or loss from beau geste). this amount includes $13,750 in income from her other passive investments..
Since Molly has a $ 24,400 passive income, she must deduct 24,400 of the total losses 51,500 for year 2. Hence, 27,100 losses will remain suspended under Passive activity loss rules in year 2 end. The cumulative Passive suspended losses for year 2 are 27,100
At-risk amount:-
Initial year 1 amount of $ 29,500
Allowed loss ($ 29,500)
End of year 1 at-risk amount 0
Contribution for year 2 $ 33,800
BG income ($ 35,500 × 30%) $ 10,650
Allowed loss(227,000×30%)-29,500= ($ 38,600)
End of year 2 at-risk amount $ 5,850\
Year Total loss At risk Allowed At risk disallowed
1 227,000×30% = $ 68,100 $ 29,500 $ 38,600
2 $ 38,600 $ 38,600 0
Year At risk Allowed Passive activity loss Allowed
1 $ 29,500 $ 16,600 $ 12,900
$ 51,500 (38,600+12,900)
$ 24,400 (13,750 + 10,650) $ 27,100
AGI before BG $ 66,300
Year 2 Passive income from BG $ 10,650
Year 2 allowed Passive losses ($ 24,400)
Year 2 AGI $ 52,550
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what occurs as sprawl increases in, or adjacent to, a city? view available hint(s)for part a what occurs as sprawl increases in, or adjacent to, a city? pollution decreases the need for cars increases general health is improved less land is used per capita
Sprawl increases in, or adjacent to, a city the need for cars increases.
What is meant by sprawl?
"Sprawl is the process in which the spread of development across the terrain outpaces population expansion, according to the definition.
What is sprawling growth?
Sprawl development refers to the outward growth of low-density residential and commercial development into the periphery of cities and towns, far from downtown districts. Sprawl has pushed Bay Area cities and suburbs onto rural and agricultural lands over the past few decades.Learn more about sprawl
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Which epeat criteria informs customers about how to carefully dispose of products that need special handling?.
The third EPEAT criterion, "Design for end of life," requires that all electronics and computer makers advise their customers about the particular handling requirements for disposing of their products after they are no longer needed.
What are the prerequisites for EPEAT?
The environmental performance standards for EPEAT-registered products must be met in the following areas: material selection, greenhouse gas emissions reduction in the supply chain, circular design and long product life, energy conservation, end-of-life management, and corporate performance.
In EPEAT, the packaging criteria are optional. Manufacturers are urged by end-of-life management to set up plans for the free return of their products at the end of their useful lives. One of the EPEAT criteria is to inform customers of the unique handling requirements for discarding a product once it is no longer useful.
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a product is advertised on the radio, and there is a phone number you must call to place an order if you decide to buy it. you repeat the number to yourself over and over until you feel like you won't forget it because you don't have anything to write it down. what is this called?
Then memory is formed, a physical trace is stored in the brain.
Since Karl Lashley, psychologists and researchers have been looking for the engram, which is the physical memory trace. Although Lashley did not discover the engram, he did suggest that memories are spread out across the entire brain rather than being stored in a single location.
Buying advertisements, also known as spots in the radio industry, to advertise one's goods or services. In exchange for advertising space on the air, commercial radio stations broadcast the advertiser's commercial to their listeners.
Format, cost, approach, and reach are the primary distinctions between radio and television advertising. The format of advertising is the most obvious distinction between radio and television. Television advertising is both audio and visual, whereas radio advertising is solely audio.
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an advantage of the herfindahl-hirschman index (hhi) over the n-firm concentration ratio as a summary measure of the market structure of an industry is that the hhi is more sensitive to:
The blessings of the Herfindahl index are that it reflects greater firms in the industry and it offers increased weight to the organizations with large market shares.
What is the cause of the usage of Herfindahl-Hirschman Index?The Herfindahl–Hirschman Index (HHI) is a frequent measure of market awareness of an enterprise - the measurement of corporations in relation to the industry they are in- and is used to determine market competitiveness.
What does a excessive Herfindahl index mean?Increases in the Herfindahl index usually indicate a minimize in competition and an increase of market power, whereas decreases indicate the opposite. Alternatively, if complete percentages are used, the index degrees from 0 to 10,000 "points". For example, an index of . 25 is the same as 2,500 points.
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https://brainly.com/question/21601889#SPJ4the opening of formal cuban relations with the united states has led to greater trade between the two countries, especially in perfectly competitive products such as sugar, tobacco, and oranges. explain what is likely to happen in the market for these agricultural products under increased trade with cuba. demand will decrease for products such as sugar, tobacco, and oranges. consumers in the u.s. will not benefit from increased trade because cuba expects to generate more revenues from trade than the united states. individual farmers in the united states will produce more agricultural products to stay competitive with cuba. greater trade between the two countries will lead to lower prices in the market for products such as sugar, tobacco, and oranges.
Consumers in the u.s. will not benefit from increased trade because Cuba expects to generate more revenues from trade than the united states.
The US imports no agricultural merchandise from Cuba. previous to 1960, Cuba changed into the 9th-largest export marketplace for U.S. agricultural merchandise. Presently, U.S. agricultural exports to Cuba are minor, with chook meat accounting for over ninety% of the $157 million of shipments in 2020.
The pinnacle three U.S. imports from Cuba, also through cost, were chook and other fowl, (2) organized foods, beverages, and (3) Olive oil. by means of tonnage, the pinnacle three U.S. exports were (1) chook and another rooster, (2) Phosphates, and so forth., and (3) back exports, with an alternate.
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