If Joe is willing to pay $700, and Isaac is willing to pay $550. The consumer surplus that exists in this market is: $100.
Consumer surplusUsing this formula
Consumer surplus=Amount Joe is willing to pay-Price of TV
Let plug in the formula
Consumer surplus=$700-$600
Consumer surplus=$100
Therefore the consumer surplus that exists in this market is: $100.
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Determine, to the nearest tenth of a year, how long it would take an investment to double at a 3 3 4 % interest rate, compounded continuously
Based on the interest rate and continuous compounding, the investment would double in value after 18.5 years.
When will the investment double in value?The future value using continuous compounding is:
= Amount x e ^ (rate x time)
Interest is:
= 3.75%
To double, the formula is:
2 = e ^ (0.0375 x time)
In2 = 0.0375 x time
t = In2 / 0.0375
= 18.5 years
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HELP
Question
Q. To properly manage your checking account you should do which of the following?
A.Update your transaction register regularly to include all checks, ATM withdrawals, and debit card purchases.
B.Balance your checkbook daily using the most current information about your account by phone, ATM, or online.
C.Promptly review your checking account statement every month.
D.All of the above
Generally, the most important category on the statement of cash flows is cash flows from:.
Answer:
The operating activities section of the statement of cash flows is generally regarded as the most important section since it provides cash flow information related to the daily operations of the business.
A worker’s positive reaction to a negative performance review from an employer might be to ______. a. ignore the criticisms made at the review b. address the criticisms made at the review c. dismiss the criticisms made at the review d. agree with the criticisms made at the review please select the best answer from the choices provided a b c d
A worker's positive reaction to an employer's negative performance review may be to address the criticisms made in the review.
What is the role of performance appraisal?It is a technique used in organizations with the objective of assisting in the development of the employee, through the review of their organizational conduct, instituting new functions and evaluating training needs if necessary.
Therefore, through the performance evaluation, the employee receives feedback for their organizational functions, being able to align their conduct to the company's needs and develop their professional skills.
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_______ allows a trucking company not only to compare its safety performance with other companies but to also adopt those practices found to be superior.
Benchmarking allows a trucking company not only to compare its safety performance with other companies but to also adopt those practices found to be superior.
What is benchmarking?This is a term that has to do with the evaluation of something in order to ensure that it is compared to a certain standard.
The act helps to ensure that the company would be well compared to other companies in terms of their activities.
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The per-unit standards for direct materials are 2 gallons at $4 per gallon. Last month, 11,200 gallons of direct materials that actually cost $42,400 were used to produce 6,000 units of product. The direct materials quantity variance for last month was:.
The direct materials quantity variance for last month was: $3200 favorable.
Direct materials quantity varianceUsing this formula
Direct materials quantity variance=(Standard units - Actual Units) × Standard price per unit
Let plug in the formula
Direct materials quantity variance=[(6000 × 2) × 11200]× $4
Direct materials quantity variance= $3200 favorable
Therefore the direct materials quantity variance for last month was: $3200 favorable.
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Your company makes Caffeine Cola, but the market for it disappears overnight when caffeine is discovered to be toxic. The next day, you begin producing Cholesterol Cola, a new product. You have experienced
If the next day, you begin producing Cholesterol Cola, a new product. You have experienced: Reactive change.
What is Reactive change?Reactive change occur when a company or an organization make changes in their product so as to handle unexpected or unforeseen events or situation that occurred.
Based on the given scenario you have experienced reactive change because you implemented a new change to your product that was found toxic without delay.
Therefore you have experienced: Reactive change.
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Select all the correct answers. why do nations practice protectionism? to prevent loss of jobs and livelihoods to improve relations with other nations to encourage growth of new industries to give consumers more choices to retaliate against unfair trade practices
The nations practice the policy of protectionism in order to safeguard the jobs and livelihood, maintain good relations with other nations, and fight against unfair practices.
Options A, C, and E are the correct answers.
What is protectionism?Protectionism is a kind of policy exercised to regulate imports from outside by making them costly.
Under the policy of protectionism, the imports can become expensive by putting trade restrictions like charging tariffs, putting imports quotas, etc. this decrease the profitability of imported goods. This policy safeguards the workers, companies, and manufacturers when engaging in competition with other nations.
Therefore, the explanation provided in points A, C, and E are specifying the reasons for the use of protectionism policy by nations.
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Price controls are sometimes used when the natural operation of free markets leads to: positive externalities. undesirable outcomes. an efficient distribution of goods. a trade deficit.
When a price controls are used, the natural operation of free markets leads to positive externalities.
What is a positive externalities?This refers to a condition that exists when the production and consumption of a good or service benefits a third party not directly involved in the market transaction.
Therefore, the Option A is correct.
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Price controls are sometimes used when the natural operation of free markets leads to undesirable outcomes. Option B. This is further explained below.
What are Price controls?Generally, Price control is simply defined as a government rule setting a maximum price for specific commodities and services.
In conclusion, Occasionally, price restrictions are implemented when the normal functioning of free markets results in unwanted consequences.
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Discuss two reasons for starting a business.
Answer:
To get lots of money
Work at your own pace and work your own hours
Explanation:
Answer:
Starting a business is a lot of work but to make money
and to get money to support yourself and family to be able to keep you going and up on your feet
Explanation:
hope this helps
How many hotdogs are estimated to be eaten per second from memorial day to labor day?.
Answer:
818 hotdogs
Explanation:
Yes, thats the answer :)
HELP PLEASE!!!
1) Consumers have an innate preference for consistency. True or false?
2) Cognitive dissonance can stem from regret for purchasing something that is not liked later, but not from not purchasing something that is liked later. True or false?
3) The most common way cognitive dissonance is seen in consumer behavior is via:
a. returning merchandise
b. online browsing
c. credit card use
d. sensory marketing
Answer:
c
Explanation:
There are more than 7 billion potential customers in 195 countries around the globe. Each country possesses unique materials and skills, and as technology advances, communication barriers are being brought down. Therefore: Multiple choice question. conducting business globally is not an increasing trend there are too many differences to be able to successfully conduct business globally it is important to conduct business globally the United States should shelter itself from competitors
"There are more than 7 billion potential customers in 195 countries around the globe....", therefore, it is important to conduct business globally. Option C. This is further explained below.
What is business?Generally, business is simply defined as a transaction b/w two or more parties to make a profit.
In conclusion, It is critical to do business worldwide because of the "more than 7 billion potential clients in 195 nations throughout the world."
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Answer:it’s important to conduct business
Explanation:
direct labor and indirect labor are recorded, respectively, to:
a. factory overhead and work in process inventory.
b. work in process inventory and finished goods inventory.
c. finished goods inventory and work in process inventory.
d. work in process inventory and factory overhead.
e. cost of goods sold and finished goods inventory.
Answer:
Explanation:
irect labor and indirect labor are recorded, respectively, to:
a. factory overhead and work in process inventory.
b. work in process inventory and finished goods inventory.
c. finished goods inventory and work in process inventory.
d. work in process inventory and factory overhead.
e. cost of goods sold and finished goods inventory.
Firm Q operates a cash basis consulting business. In October, Firm Q billed a client for $23,400 of consulting services. In November, the client settled the bill by paying $10,000 cash and transferring marketable securities worth $13,400 to Firm Q. Required: How much taxable income does Firm Q recognize on settlement of the bill
Firm Q is a cash basis consulting firm and received only $10,000 cash, but it will recognize the entire $23,400 as the total value of the cash and non-cash payment. The amount billed for the services provided will be taken as taxable income irrespective of how much it is received in cash.
What are cash-basis taxpayer rules?A taxpayer deducts prices withinside the year they're paid off, which isn't always the year they have been incurred is referred to as cash basis.
The amount billed for the services provided will be taken as taxable income irrespective of how much it is received in cash.
Therefore, the transaction has been completely settled. Firm Q will recognize the entire $23,400 as the total value of the cash and non-cash payment for taxation purposes.
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What is the total revenue of mike's ice cream business if he sells ice
cream for $2.00 a bar, and sells 25 bars in a day. his total cost of
operation is $15.00 to run the stand.
o $30.00
o $35.00
o $42.50
o $50.00
Answer:
$50
Explanation:
Total revenue= Price multiplied by total quantity sold.
Total Revenue= $2 multiplied by 25=$50.
Profit is total revenue minus total cost= $50-$15=$35
Discuss some of the trade-offs and the challenges of a move to an enterprise-level analytics solution for companies and their end-users who might have grown accustomed to working with their customised solutions for generating data.nationwide mutual insurance company
The The challenges of a move to an enterprise-level analytics solution fare:
Taking in real-time useful data. Keeping tab with the influxes of data. Creating collected raw data readable., etc.What is trade off?A trade-off is known to be a kind of situational decision that entails the reduction or losing of a given quality, quantity, or others so that one can gains in other areas.
Note that trade off includes partnering with a firm and disclosing some business secret to them. This may influence a person's business in one way or the other.
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The number of families receiving snap benefits grew most between . by 2012, about million families were receiving snap benefits.
The number of families receiving snap benefits grew most between 46 by 2012, about million families were receiving snap benefits.
What is snap benefit?Snap benefit which full meaning is Supplemental Nutrition Assistance Program can be defined as a federal government program that help to provides food for low income earners or people that cannot afford it.
By the end of 2012, about 46 million families were beneficiary of the SNAP program.
Therefore the number of families receiving snap benefits grew most between 46 million.
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Answer:
2008 to 2010
46 million families
Explanation:
Just did it :)
Each component of a spreadsheet is identified in a specific way. which spreadsheet component is identified using letters of the alphabet? in a spreadsheet application, a is identified using letters of the alphabet.
The spreadsheet component is identified using letters of the alphabet in a column.
What is Column?In spreadsheet, Columns is known to often run in a vertical direction while on the spreadsheet.
Note that an Excel spreadsheet is made up of 256 columns that are labeled with the use of letters of the alphabet.
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What tools can you use to learn how quickly you might pay down a student
loan?
OA. Online currency conversions
O B. Online calculators
OC. Scientific calculators
O D. Loan conversion tools
Online calculators can be used to know how quickly payment of the student loan can be pay down.
What are the best ways to know about the pay down of student loan?An online loan calculator is the powerful tool, this is used to recognize approximately the month-to-month fee needs to be made at the loan.
.
This calculator mainly estimates the annual salary or amount to be required to pay down the student loan without financial problem.
The calculator is mainly used for the student loan and auto loans.
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REALTOR Dana is a complainant in an ethics complaint. As long as the respondent agrees to the method, Dana's confident that they'll be able to use mediation in the matter. How is Dana so sure?
How is Dana so sure is; All local boards must tend to offer mediation in otherwise arbitrable matters.
What is mediation?Mediation can be defined as the way in which a mediator help to resolve dispute whenever their is conflict between two parties by making use of dispute resolution techniques.
Offering mediation in arbitrable matter is important as it can tend to help to settle dispute.
Therefore All local boards must offer mediation in otherwise arbitrable matters.
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Industrial robots have completely changed manufacturing because they: Multiple select question. improve productivity can work 24/7 with great precision increase the number of jobs for humans reduce costs
Industrial robots have changed manufacturing by:
They improve productivityreduce costscan work 24/7 with great precision What are the industrial robots?These are the robots that were developed through the use of artificial intelligence.
The goal is to have the robots take on the tasks that are usually provided by humans around the world.
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In which situation would a savings account be the be investment to earn interest
I am planning to open a bakery and sell bread. My fixed costs for the bakery total $200,000. If I sell my bread for $6 and I use up $1 worth of ingredients baking each loaf, how many loaves do I have to bake to break even
Answer:
40000
Explanation:
I got this answer by 200000 ÷ 5 because the loafs caused one dollar to make and sell for six dollars.
It equals 40000 therefore 40000 loafs are needed to be made to even up with the cost it takes to fix the bakery.
Nia is editing a row in an Access table. The row contains the Pencil icon on the left end of the record. What does
this icon indicate?
O The record is committed.
O The record has not been witten.
The record has been written.
O Nia is editing the record currently.
Answer:
Nina is editing the record recently.
Explanation:
It should be this one.
Review the Roles of Line Management and Social Network and Information Technology sections. Note the various roles in the organization and note the similarities and differences within each role. Also, note how innovation technology management shapes how we communicate amongst coworkers within an organization.
Innovation technology management shapes the form of social and professional communication, making it faster and more dynamic, facilitating commercial negotiations.
How has information technology impacted communication?With the automation of organizational processes, communication has been improved, becoming instantaneous, with more comprehensive and faster organizational decisions, strengthening globalization and digital marketing.
Therefore, technological innovations have made the organizational environment more dynamic, where communication generates innovation and the speed with which processes are carried out.
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A capital investment project has the following expected incremental values next year: Revenue $1,000,000 Operating costs 200,000 Depreciation 300,000 If the income tax rate is 25%, the incremental after-tax operating cash flow is:
Based on the calculation below, incremental after-tax operating cash flow is $675,000
How to calculate incremental after-tax operating cash flowThis can be calculated as follows:
Profit before interest and tax = Revenue - Operating costs – Depreciation = $1,000,000 - $200,000 - $300,000 = $500,000
Operating income = Profit before tax – (Profit before tax * Tax rate) = $500,000 – ($500,000 * 25%) = $375,000
Therefore, we have:
Incremental after-tax operating cash flow = Operating income + Depreciation = $375,000 + $300,000 = $675,000
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You will have $____ in six years if you set aside $5,000 at 8%. (use the future value tables from chapter 5.)
Answer:
7,934.35
Explanation:
You will have $7,934.35 in six years if you set aside $5,000 at 8% according to the future value tables.
What is the future value table?The future value tables, often known as FV tables, are used to calculate future values without the aid of a financial calculator. They offer the value of the 1 received now at the conclusion of period n at an i% discount.
An approach for estimating an annuity's future value is represented by an annuity table. When a specified interest earnings rate is assumed, the annuity table includes a factor that is relevant to the future value of a series of payments.
For investors and financial planners, the future value is crucial because they use it to predict how much an investment made now will be worth in the future. Investors can make wise investment choices based on their projected demands by knowing the future worth.
One way to do this is to use future value, which aids investors in estimating what an asset or investment may be valued in the future.
Future value is influenced by a number of variables, including an asset's current worth, the rate of return investors anticipate, and how far into the future they wish to look.
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Which of the following is not one of the four basic financial statements? a.income statement b.statement of cash flows c.statement of changes in financial position d.balance sheet
Financial statements are written records that indicate the business activities and the financial performance of a company. Hence, the document that is not a financial statement is option C.
What are the four types of financial statements?The four main financial statements are:
balance sheets; income statements; cash flow statements; and statements of shareholders' equity.Therefore, only option C. statement of changes in financial position is not among.
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Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a __________ team.
Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a project team.
Who are project team?This are group of individuals in charge of a particular project in an organization.
They work together as a team to achieve a particular goal.
Therefore, Individuals from the marketing, production, and manufacturing departments at UniTel have been assigned to a team in order to accomplish a specific objective. This is an example of a project team.
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