The Walmart and Procter & Gamble experience illustrates the unintended consequences of independent decision making in a goods supply chain.
True
False

Answers

Answer 1

The statement that the Walmart and Procter & Gamble experience illustrates the unintended consequences of independent decision making in a goods supply chain is True.

This experience highlights the importance of collaboration and communication in a supply chain. Previously, both Walmart and Procter & Gamble made independent decisions that led to inefficiencies, stockouts, and excess inventory.

They then realized that sharing information and collaborating on decisions could improve overall supply chain performance. As a result, they implemented a system called Collaborative Planning, Forecasting, and Replenishment (CPFR).

This system enabled them to share demand forecasts, production schedules, and inventory data, resulting in better inventory management, reduced costs, and improved customer satisfaction.

This example shows how independent decision making in a supply chain can lead to unintended negative consequences, and how collaboration can be beneficial in mitigating those issues.

To know more about Walmart refer here:

https://brainly.com/question/29451792#

#SPJ11


Related Questions

Suppose Americans decide to save more of their incomes. If banks lend this extra saving to businesses, which use the funds to build new factories, how might this lead to faster growth in productivity? Who do you suppose benefits from the higher productivity? Is society getting a free lunch?

Answers

Higher productivity from increased savings and bank lending can lead to benefits for businesses, workers, and consumers, but policymakers must ensure that gains are widely shared and support is provided to those negatively affected by job losses.

If Americans decide to save more of their incomes and banks lend this money to businesses for building new factories, it can lead to faster growth in productivity.

New factories with modern equipment and technologies can increase the output of goods and services, reduce production costs, and create new jobs. This, in turn, can increase economic growth, which can benefit society as a whole.

The benefits of higher productivity can be enjoyed by various groups of people. First, businesses can benefit from increased profits and market share due to increased output and reduced costs. Second, workers can benefit from higher wages and better job security due to increased demand for labor. Third, consumers can benefit from lower prices and a wider variety of goods and services due to increased competition.

To learn more about productivity

https://brainly.com/question/30333196

#SPJ4

Consumers in a market-directed economy ______ (options and or responsibilities)

Answers

Consumers in a market-directed economy have both options and responsibilities.

They have the option to choose which goods and services they wish to purchase, as well as the freedom to make their own purchasing decisions based on their preferences, needs, and budget. At the same time, consumers also have the responsibility to make informed purchasing decisions.

This means that they need to educate themselves about the products and services they are considering buying, including their quality, safety, and price. Consumers also have a responsibility to consider the impact of their purchasing decisions on society and the environment and to make choices that align with their values and ethical principles.

In addition, consumers in a market-directed economy have the responsibility to provide feedback to producers and service providers, which can help improve the quality and effectiveness of products and services over time. Through their purchasing decisions and feedback, consumers can help shape the market and influence the behavior of producers and service providers.

Learn more about the market-directed economy at

brainly.com/question/29725166

#SPJ4

At constant prices, an increase in the labour force will increase output in one industry and lower output in the other industry and consequently lower wages in both industries. Use an appropriate trade model to respond to this assertion. (5 marks)

Answers

The assertion that an increase in the labor force will increase output in one industry and lower output in the other industry, leading to lower wages in both industries, is consistent with the predictions of the Heckscher-Ohlin model of trade.

This model argues that countries specialize in producing goods that use their abundant factor of production relatively more intensively than their scarce factor. Therefore, if one industry is relatively labor-intensive while the other is capital-intensive, an increase in the labor force will lead to an increase in output of the labor-intensive industry and a decrease in output of the capital-intensive industry. This is because the increase in the labor force will reduce the wage rate, making labor-intensive production relatively cheaper, while capital-intensive production becomes relatively more expensive. Consequently, in the labor-intensive industry, the increase in output may be accompanied by a decrease in the wage rate due to the increased competition among workers for jobs, while in the capital-intensive industry, the decrease in output may be accompanied by an increase in the wage rate due to the reduced competition among workers for jobs. Overall, this means that an increase in the labor force could lead to a reduction in wages in both industries if the labor force increase is substantial and affects both industries equally.

To know more about capital-intensive industry, please click on:

https://brainly.com/question/28139492

#SPJ11

Which inventory costing method results in the lowest net income during a period of rising inventory costs?a. Average-costb. Specific-unit-costc. First-in, first-out (FIFO)d. Last-in, first-out (LIFO)

Answers

The inventory costing method that results in the lowest net income during a period of rising inventory costs is the Last-in, first-out (LIFO) method.

What's LIFO method

LIFO assumes that the most recently acquired items are sold first, meaning that the cost of goods sold (COGS) will include the higher-priced items purchased more recently. This leads to higher COGS and, consequently, lower net income.

In contrast, First-in, first-out (FIFO) assumes that the oldest items in inventory are sold first, resulting in lower COGS and higher net income.

Average-cost and specific-unit-cost methods may yield different net income results, depending on the actual costs and timing of inventory purchases

Learn more about LIFO method at

https://brainly.com/question/29990618

#SPJ11

When there is a reduction of costs when a producer invests in multiple markets or a larger breadth of operations, the producer is experiencing:
Economies of scope Economies of scale

Answers

When a producer invests in multiple markets or a larger breadth of operations, and there is a reduction in costs as a result, the producer is experiencing economies of scope.

Economies of scope refer to the cost advantages that a business can achieve by producing a range of products or services using the same resources or technology. By diversifying their operations and spreading their costs over a larger volume of output, producers can take advantage of economies of scope to reduce their costs and increase their profitability.

This can be contrasted with economies of scale, which refer to the cost advantages that a business can achieve by producing more of a single product or service. While both concepts involve cost reduction through increased production, economies of scope are achieved through diversification, while economies of scale are achieved through specialization.

Learn more about economies  here:

https://brainly.com/question/2421251

#SPJ11

a financial statement analysis tool that decomposes return on equity into three components 1. profit margin 2. total assets turnover 3. equity multiplier.

Answers

The financial statement analysis tool that decomposes return on equity into three components 1. profit margin 2. total assets turnover 3. equity multiplier. is called DuPont analysis.

It decomposes the return on equity (ROE) into three components:

Profit margin: This measures how much profit a company generates for every dollar of revenue it earns. It is calculated as net income divided by revenue.

Total assets turnover: This measures how efficiently a company uses its assets to generate revenue. It is calculated as revenue divided by total assets.

Equity multiplier: This measures the degree to which a company relies on debt to finance its assets. It is calculated as total assets divided by total equity.

The DuPont analysis formula can be expressed as follows:

ROE = Net Income / Total Equity

ROE = (Net Income / Revenue) x (Revenue / Total Assets) x (Total Assets / Total Equity)

ROE = (Profit Margin) x (Total Assets Turnover) x (Equity Multiplier)

By breaking down the ROE into its three components, DuPont analysis allows analysts to identify which factor(s) are driving changes in a company's ROE over time.

To know more about DuPont analysis here:

https://brainly.com/question/30578938#

#SPJ11

What is the Proper Shipping Name (PSN) for the material on this JHCS data sheet?

Answers

The Proper Shipping Name (PSN) is a standardized name assigned to dangerous goods for transportation purposes. It is a key component of the United Nations (UN) system of classification and labeling of dangerous goods.

The PSN is used to identify the specific hazardous material being shipped, and is required to be listed on the shipping documents, packaging, and labeling of dangerous goods. The PSN is based on the chemical and physical properties of the hazardous material, and is designed to provide a clear and unambiguous description of the material to ensure safe handling and transportation. The PSN is usually a descriptive name, such as "flammable liquid" or "toxic gas", that reflects the hazards of the material. The PSN is assigned a unique identification number, called the UN number, which is also used to identify the material during transportation. The use of proper shipping names and UN numbers is regulated by international, national, and regional authorities, such as the International Maritime Organization (IMO) and the U.S. Department of Transportation (DOT), to ensure the safe transportation of dangerous goods.

Learn more about PSN here:

https://brainly.com/question/30370809

#SPJ11

Compared with the recovery from the recession of 1981-82, the recovery from the recession of 2008-09 was characterized by O a larger increases in both government spending and budget deficits as a share of GDP. Ob higher interest rates and a more restrictive monetary policy Oc more rapid growth of real GDP. Od a more rapid decline in the rate of unemployment

Answers

Compared with the recovery from the recession of 1981-82, the recovery from the recession of 2008-09 was characterized by larger increases in both government spending and budget deficits as a share of GDP.

The recovery from the recession of 2008-09 was characterized by larger increases in both government spending and budget deficits as a share of GDP compared to the recovery from the recession of 1981-82. This was due to the government's stimulus efforts aimed at boosting economic growth and creating jobs.

However, higher government spending and budget deficits can lead to concerns about long-term fiscal sustainability. It is important for policymakers to balance the need for short-term stimulus with long-term fiscal responsibility.

Learn more about recession  here:

https://brainly.com/question/14737261

#SPJ11

Knowing which secondary audience might view a business communication, its author might need to

Answers

Knowing the secondary audience that might view a business communication can greatly impact the effectiveness and appropriateness of the message. The author may need to adjust the language, tone, and content of the communication .



For instance, if the primary audience of a business communication is employees, but there is a possibility that clients or stakeholders may also view it, the author may need to be careful in using technical jargon or internal language that may be confusing or irrelevant to the secondary audience. The author may also need to provide more background information or explanations to ensure that the message is clear and understandable to everyone.
Similarly, if the primary audience is external stakeholders, such as investors or customers, but there is a chance that employees may also see it, the author may need to be mindful of the language and tone used to avoid any negative impact on employee morale or motivation.
In summary, knowing the secondary audience of a business communication is crucial in tailoring the message to suit their needs and expectations, which can ultimately lead to better communication and outcomes. The author should always consider the potential impact of their message on all audiences and adjust accordingly to ensure that the message is well received by all.

For more such questions on communication visit:

https://brainly.com/question/25020821

#SPJ11

5. specify whether expansionary or contractionary fiscal policy would seem to be most appropriate in response to each of the situations below: a. a recession. b. a stock market collapse that hurts consumer and business confidence. c. extremely rapid growth of exports. d. rising inflation. e. a rise in the natural rate of unemployment. f. a rise in oil prices.

Answers

In response to a recession, expansionary fiscal policy would be most appropriate as it involves increasing government spending and reducing taxes to boost economic growth.

In the case of a stock market collapse that hurts consumer and business confidence, expansionary fiscal policy would again be the preferred option as it would help to stimulate demand and restore confidence in the economy.

For extremely rapid growth of exports, contractionary fiscal policy would be more appropriate as it involves reducing government spending and increasing taxes to prevent overheating of the economy.

Rising inflation would require contractionary fiscal policy to reduce demand and cool down the economy.

A rise in the natural rate of unemployment would also call for contractionary fiscal policy to reduce demand and lower inflationary pressures.

Finally, a rise in oil prices would require a combination of both expansionary and contractionary fiscal policies as it can lead to both inflationary pressures and reduced consumer spending. The government would need to increase spending on alternative energy sources while also reducing overall spending and increasing taxes to offset the impact of higher oil prices.

Learn more about expansionary here:

https://brainly.com/question/29803608

#SPJ11

if the cpi was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as a. $135.55 purchased in 1975. b. $25.00 purchased in 1975. c. $40.00 purchased in 1975. d. $33.33 purchased in 1975.

Answers

the answer is (c) $40.00 purchased in 1975. $100 today would have the same purchasing power as $40.00 in 1975, taking into account the inflation rate.

If the CPI was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as $40.00 purchased in 1975. This is because you can calculate the equivalent amount by dividing the current CPI by the past CPI and then multiplying by the current amount of money. In this case, (90/225) * 100 = 0.4 * 100 = $40.00. So, the correct answer is option C.

To answer this question, we need to use the formula for calculating the

inflation rate:

Inflation rate = (CPI in current year - CPI in base year) / CPI in base year * 100

Using the given information, we can calculate the inflation rate between 1975 and today:

Inflation rate = (225 - 90) / 90 * 100 = 150%

This means that prices have increased by 150% since 1975. To find out how much $100 today would be worth in 1975, we need to divide $100 by the inflation rate:

Value in 1975 = $100 / (1 + 150% / 100) = $40.00

Learn More about inflation rate here :-

https://brainly.com/question/30112292

#SPJ11

A Puerto Rico government public utility bond is due in 25 years, with a face value of $30,000. Promises to pay 12% interest, compounded quarterly. Assume that this bond is to be valued so that the buyer will realize a nominal 16% interest return compounded quarterly. It is selling for $25,000, should you buy the bond and why?
a. p = $23,094 - should buy it b. p = $32,500 should buy it c. p = $23,094 - should not buy it d. P = $7,500 - should not buy it

Answers

Your answer: a. p = $23,094 - should buy it

To determine if you should buy the Puerto Rico government public utility bond, you must compare the present value of the bond to its selling price. In this case, the bond has a face value of $30,000, promises 12% interest compounded quarterly, and is due in 25 years. The buyer expects a nominal 16% interest return compounded quarterly.

Using the present value formula for bonds:

PV = FV / (1 + r/n)^(nt)

where PV is the present value, FV is the face value, r is the nominal interest rate, n is the number of compounding periods per year, and t is the number of years until maturity.

PV = $30,000 / (1 + 0.16/4)^(4*25)
PV = $30,000 / (1.04)^100
PV ≈ $23,094

Since the bond is selling for $25,000 and the present value is approximately $23,094, it is a good investment because you are buying it at a lower price than its actual worth. Therefore, you should buy the bond.

To know more about investment please visit:

https://brainly.com/question/15353704

#SPJ11

if the budget constraint shifts from BC2 to BC1, then? A. the consumer decreased the amount budgeted for these two goods. B. the consumer increased the amount budgeted for these two goods. C. the price of the X good increased. D. the price of the Y good increased. E. the price of the Y good decreased.

Answers

Option B is the correct answer, as the consumer has increased the amount budgeted for these two goods. If the budget constraint shifts from BC2 to BC1, it means that the consumer now has less budget to allocate towards these two goods.

Therefore, option A is incorrect. Options C, D, and E are not related to the budget constraint and are therefore incorrect.
If the budget constraint shifts from BC2 to BC1, then B. the consumer increased the amount budgeted for these two goods. This is because a shift from BC2 to BC1 represents an expansion in the consumer's purchasing power, allowing them to allocate a higher amount of their budget for both goods.

Learn more about budget here : brainly.com/question/18803390

#SPJ11

16. As planning materiality is decreased, the auditor should plan more work on individual accounts to. A. Find smaller misstatements. B. Find larger misstatements. C. Increase the tolerable misstatement in the accounts. D. Decrease the risk of assessing control risk too low.

Answers

As planning materiality is decreased, the auditor should plan more work on individual accounts to "find smaller misstatements" (option a).

When an auditor reduces the materiality level, they are lowering the amount of financial misstatement that is considered significant. This means that even small errors in the financial statements could now be considered material. As a result, the auditor must perform more detailed procedures to identify and correct any misstatements, no matter how small they may be. This ensures that the financial statements are accurate and reliable, even at a lower materiality level.

Option a is answer.

You can learn more about misstatements at

https://brainly.com/question/29218228

#SPJ11

High levels of unemployment and business failures occur during what phase of the business cycle?a. troughb. peakc. contractiond. expansion

Answers

High levels of unemployment and business failures typically occur during the contraction phase of the business cycle. This phase is marked by a decrease in economic activity, which often leads to layoffs, decreased demand for goods and services, and lower profits for businesses.

As a result, unemployment rates tend to rise during this phase as businesses struggle to stay afloat and may need to downsize their workforce. It is worth noting that the severity and duration of a contraction can vary, and some industries may be more heavily impacted than others. Overall, understanding the phases of the business cycle can help individuals and organizations make informed decisions about managing their finances and investments.

To know more about unemployment:

https://brainly.com/question/14227610

#SPJ11

The external costs a firm faces when operating in Brazil, resulting from a lack of infrastructure, high taxation and financing costs.

Answers

Due to poor infrastructure, high tax rates, and expensive financing choices, businesses operating in Brazil may incur large external expenditures.

When operating in Brazil, firms may face significant external costs as a result of inadequate infrastructure, high taxation rates, and expensive financing options. The lack of sufficient infrastructure in Brazil, particularly in terms of transportation and communication, can lead to increased operational costs and reduced efficiency for businesses. Additionally, high taxation rates can place a significant burden on firms, reducing their profitability and competitiveness in the market. Financing costs in Brazil can also be expensive due to high interest rates and limited access to capital, which can make it challenging for businesses to secure the resources they need to grow and succeed. Ultimately, the external costs associated with operating in Brazil can be significant, and firms must carefully consider these factors when making business decisions in this market.

Learn more about external expenditures here

https://brainly.com/question/22636973

#SPJ11

Conceptual Question 8-9 What are the two pillars...12. What are the two pillars of the Toyota Production System?- Just-in-Time and waste reduction- Waste reduction and built in quality- Built in quality and Just-in-Time- Process improvement and waste reduction

Answers

The two pillars of the Toyota Production System are Just-in-Time and built in quality.

These pillars are focused on reducing waste and improving the efficiency of the production process. Just-in-Time involves producing only what is needed, when it is needed, and in the amount needed, which helps to reduce inventory waste. Built in quality means that quality is built into every step of the production process, rather than relying on inspections at the end, which helps to reduce defects and improve overall efficiency. Process improvement is also a key element of the Toyota Production System, but it is not one of the two pillars.

Learn more about Toyota production system here:

https://brainly.com/question/30458757

#SPJ11

Q10.3. In 2019, the average salary of petroleum engineers was $98,400. Predict what their salary will be in 2028 if their salary increases only by the inflation rate. Assume the inflation rate over this time period is constant at 2.5% per year.

Answers

If the salary of petroleum engineers increases only by the inflation rate, their salary in 2028 is predicted to be $122,001.60.

The formula for calculating the future value of money can be used to predict the salary of petroleum engineers in 2028 based on an assumption of a constant inflation rate of 2.5% per year.
First, calculate the inflation factor, which is (1 + inflation rate)^number of years. In this case, the inflation factor is (1 + 0.025)^9 = 1.2399.
Next, multiply the average salary in 2019 by the inflation factor to get the predicted salary in 2028. So, $98,400 x 1.2399 = $122,001.60.
Therefore, if the salary of petroleum engineers increases only by the inflation rate, their salary in 2028 is predicted to be $122,001.60. It's important to note that this prediction assumes a constant inflation rate over the 9-year period and does not take into account any other factors that may affect the salary of petroleum engineers.

for more such question on inflation rate

https://brainly.com/question/29230049

#SPJ11

Question 25 (Mandatory) (1 point) In contrast to the segregation of African-Americans, most latinos fought alongside anglo soldiers and sailors. True False

Answers

'The given statement is  true because it is important to recognize that Latino Americans are not a monolithic group - they come from a wide range of countries and cultural backgrounds, and their experiences in the United States have been shaped by factors like race, class, and gender. '

That being said, there is evidence to suggest that many Latino Americans have a long history of military service in the United States, dating back to the Spanish-American War at the turn of the 20th century.
During World War II, for example, over 500,000 Latinos served in the US military, despite facing significant discrimination and segregation both inside and outside of the military. Many Latino soldiers and sailors served with distinction, earning medals for bravery and sacrifice. However, it is also true that not all Latinos chose to fight alongside Anglo soldiers and sailors. Some Latino activists, for example, saw the war effort as a distraction from more pressing domestic issues like discrimination and poverty.
Overall, while it is generally true that many Latinos fought alongside Anglo soldiers and sailors, this does not mean that their experiences were uniform or without conflict. The history of Latino military service in the United States is complex and multifaceted, reflecting the diversity and complexity of the Latino community as a whole.

For more such questions on Latino Americans visit:

https://brainly.com/question/30526615

#SPJ11

all vehicles and trucks delivering food products should be checked to ensure that theA. food was not exposed to contamination during shipping B. schipper was local C. vehicle has safety features D. truck was loaded promptly

Answers

All vehicles and trucks delivering food products should be checked to ensure that the food was not exposed to contamination during shipping. So the correct option is A.

During transportation, food products can be exposed to various sources of contamination, including bacteria, viruses, and other pathogens. These contaminants can come from a variety of sources, such as other cargo in the truck, dirty surfaces or equipment, or unclean hands of the delivery personnel.

To prevent contamination of food during shipping, it is important to ensure that vehicles and trucks are properly maintained and cleaned, and that delivery personnel follow proper hygiene practices, such as washing their hands and wearing gloves. Vehicles should be checked to ensure that they are in good working condition, with appropriate temperature controls and other safety features.

Overall, ensuring that food products are not exposed to contamination during shipping is essential for maintaining the safety and quality of the food and preventing foodborne illness.

Learn more about  food products

https://brainly.com/question/29439869

#SPJ4

In 1921 Louis Terman published a book, Studies in Genius. The school children the book was based on had been chosen by their teachers as "the brightest in the class" and had then been found to have an IQ of 140 or higher. Subsequent writers have referred to this study as "what happens with kids who have IQs of 140 or more." Are the subsequent writers justified in their conclusion or not? Comments will be needed to support your answer.

Answers

The subsequent writers may not be completely justified in their conclusion that the study by Louis Terman solely focused on children with an IQ of 140 or higher. While it is true that Terman did select children based on their high IQ scores, he also took into consideration other factors such as social and economic status. Additionally, Terman's definition of genius was not solely based on IQ scores, but also included qualities such as creativity and leadership abilities.

Furthermore, the term "genius" has been a subject of debate and critique, with some arguing that it is a socially constructed and subjective concept. Therefore, it is important to consider the limitations and biases in Terman's study and question whether it truly represents the characteristics and experiences of all individuals who could be considered "genius" or high achievers.

Overall, while Terman's study is a valuable contribution to understanding intelligence and achievement, subsequent writers should take into account the complexities and limitations of the study and be cautious in drawing broad conclusions about individuals with high IQ scores or those labeled as "geniuses."

To know more about Louis Terman, please visit:

https://brainly.com/question/3017394

#SPJ11

Cooperative and coordinated effort on the part of a group of persons acting together in the interest of a common goal
A. isolation
B. teamwork

Answers

The term that describes cooperative and coordinated effort on the part of a group of persons acting together in the interest of a common goal is "teamwork." Option b is answer.

It involves individuals working together, using their individual skills and strengths, to complete tasks and achieve objectives more efficiently and effectively than they would be able to do individually. Teamwork is essential in many areas of life, including business, sports, and education, and it has been found to lead to better results and greater success in achieving goals.

Effective teamwork requires communication, cooperation, trust, and mutual respect among team members, as well as a clear understanding of each individual's roles and responsibilities.

Option b is answer.

You can learn more about teamwork at

https://brainly.com/question/27334063

#SPJ11

1. Explain why an economist would focus on real GDP rather than nominal GDP. 2. Suppose you walked into an unemployment office and found the following people: a laid-off mail Santa Claus, an unemployed auto industry worker (who is subject to callback by their company), a woman who lost her job at a manufacturer because the company relocated to Mexico, and a nurse who just moved to town because his wife recently started a new job. Assign the following labels to the people above: cyclically unemployed, frictionally unemployed, structurally unemployed, and seasonally unemployed. Thenexplain your assignment of the terms to each person.

Answers

1. An economist would focus on real GDP rather than nominal GDP because real GDP adjusts for changes in prices, which allows for a more accurate comparison of economic output over time

2. Nurse who just moved to town because his wife recently started a new job: Frictionally unemployed

Nominal GDP only measures the current dollar value of all goods and services produced, so it can be misleading when trying to compare economic growth over different time periods.

2. The labels for each person are:

Laid-off mail Santa Claus: Seasonally unemployed

Unemployed auto industry worker (who is subject to callback by their company): Cyclically unemployed

Woman who lost her job at a manufacturer because the company relocated to Mexico: Structurally unemployed

Nurse who just moved to town because his wife recently started a new job: Frictionally unemployed

Seasonal unemployment occurs when an individual's job is tied to a specific time of year, such as a mall Santa Claus. Cyclic unemployment refers to people who lose their jobs due to fluctuations in the business cycle.

Structural unemployment occurs when there is a mismatch between the skills and qualifications of workers and the available jobs in the market. Frictional unemployment occurs when people are temporarily unemployed while they search for a new job or transition into a new career.

For more such questions on nominal GDP

https://brainly.com/question/21320359

#SPJ11

the increase in federal taxes on cigarettes from $0.39 to $1.01 in 2009 had only a modest effect on quantity demanded, indicating:

Answers

The increase in federal taxes on cigarettes from $0.39 to $1.01 in 2009 had only a modest effect on quantity demanded, indicating: the demand for cigarettes is relatively inelastic.

The increase in federal taxes on cigarettes from $0.39 to $1.01 in 2009 had only a modest effect on quantity demanded, indicating that the demand for cigarettes is relatively inelastic. In economics, elasticity refers to the responsiveness of quantity demanded or supplied to changes in price, income, or other factors.

When the demand for a good or service is inelastic, changes in price have a relatively small effect on the quantity demanded. This is often the case for goods that are addictive or considered necessities, such as cigarettes.

Even with a significant increase in taxes, the demand for cigarettes remained relatively stable, suggesting that smokers are willing to pay higher prices to continue smoking. This also means that the revenue generated from the tax increase was substantial, as the increase in price did not significantly reduce the quantity demanded.


To know more about  federal taxes, refer here:
https://brainly.com/question/8555001#
#SPJ11

A contract in which the parties have not yet fully performed their obligations is called a(n):
executed contract
quasi-contract
bilateral contract
executory contract

Answers

An executory contract is a contract where both parties have yet to fully perform their obligations. In this type of contract, there are still actions and terms that must be fulfilled before the contract is considered complete.

For example, a contract to purchase a house is considered executory until the seller transfers ownership of the property and the buyer provides payment. Until both parties have fully performed their obligations, the contract remains open and subject to changes or cancellations.

Therefore, an executory contract represents a legal agreement that is not yet completed, and both parties still have obligations that need to be fulfilled.

To know more about executory contract ,refer to the link:

https://brainly.com/question/29780148#

#SPJ11

Explain how has the war in Ukraine has changed the country's economic situation with aggregate demand, aggregate supply, potential output, and the price level? Is the aggregate demand and aggregate supply model suitable for examining a post-war Ukraine?

Answers

The ongoing conflict in Ukraine has had a significant impact on the country's economy, particularly in terms of aggregate demand, aggregate supply, potential output, and the price level.

The war has caused a decline in business and consumer confidence as investors shy away from unstable regions, which leads to a drop in aggregate demand.

As a result, the economy has contracted sharply, and businesses and people have lost their livelihoods. Ukraine's agricultural and manufacturing output, as well as its domestic and international trade, has also been affected by the war, which directly impacts aggregate supply.

Furthermore, the war has caused significant displacement of people and disrupted economic activity, leading to a decrease in potential output.

The price level in Ukraine has also increased due to a decrease in supply of some commodities and an increase in demand for others, as well as depreciation of the Ukrainian currency.

The aggregate demand/aggregate supply model can be useful for examining a post-war Ukraine and predicting how the economy will recover. However, this model has its limitations, particularly in dealing with political and social factors, such as the impact of sanctions or the willingness of companies to invest in the country.

Overall, the war in Ukraine has created significant economic challenges, and addressing these issues will require a coordinated effort from the government, international organizations, and the private sector.

Learn more about ongoing conflict in Ukraine at: https://brainly.com/question/8695284

#SPJ11

4) What organizational method might you use to arrange the following main points for speeches with the following specific purpose statement?
To inform my audience about the major stages of the civil rights movement from 1955 to 1970.
Spatial
Topical

Answers

The most appropriate organizational method for arranging the main points for a speech with the specific purpose statement of "To inform my audience about the major stages of the civil rights movement from 1955 to 1970" would be a topical method.

A topical method involves grouping related ideas or topics together and discussing them in a logical order. For this speech, the main points could be arranged chronologically, starting with the events leading up to the civil rights movement, such as the Brown v. Board of Education case, and progressing through the major stages of the movement, such as the Montgomery Bus Boycott, the March on Washington, and the passage of the Civil Rights Act of 1964 and the Voting Rights Act of 1965.

Using a topical method allows the speaker to organize the main points in a logical and easy-to-follow manner, making it easier for the audience to understand the overall narrative of the civil rights movement. A spatial method, which involves organizing the main points based on physical or geographical relationships, would not be as appropriate for this specific purpose statement.

Learn more about organizational method

https://brainly.com/question/13700078

#SPJ4

Country A has a natural climate that is perfect for growing strawberries - long sunny seasons and plenty of rich, well drained soil. Country A also has a big labor force with agriculture knowledge and can produce 80,000 baskets of strawberries in one growing season. By contrast, Country B’s climate is less well-appointed for strawberries - a shorter summer season with large areas of red clay. They also have a smaller population trained in agriculture. Country B can only produce 30,0000 baskets of strawberries in one growing season. In this scenario and with this information, Country A has..Group of answer choicesa) Absolute advantage for producing strawberriesb) Comparative advantage for producing strawberries Tc) he lowest synthetic advantage for producing strawberriesd) Elastic advantage for producing strawberries

Answers

Country A has an absolute advantage for producing strawberries. This is because it has a natural climate that is perfect for strawberry cultivation, with long sunny seasons and plenty of rich, well-drained soil.

Country A also has a large labor force with agricultural knowledge and can produce 80,000 baskets of strawberries in one growing season. In contrast, Country B’s climate is less well-suited for strawberry cultivation with a shorter summer season and large areas of red clay. Country B also has a smaller population with agricultural knowledge and can only produce 30,000 baskets of strawberries in one growing season.

The absolute advantage for Country A is clear in this scenario. Country A has the capacity to produce more than double the amount of strawberries than Country B can and has the perfect climate for growing strawberries. This gives Country A a clear advantage in the production of strawberries and it is likely that the strawberries produced in Country A will be of higher quality.

Know more about production here

https://brainly.com/question/3148436#

#SPJ11

How many ways are there to make a poker hand with at least 2 clubs?

Answers

There are 2,594,397 ways to make a poker hand with at least 2 clubs.

To find the number of ways to make a poker hand with at least 2 clubs, we can use the principle of inclusion-exclusion.

First, we find the total number of ways to make a 5-card poker hand from a standard deck of 52 cards, which is given by the combination formula:

C(52, 5) = 2,598,960

Next, we find the number of ways to make a poker hand with no clubs. There are 13 non-club ranks, and we need to choose 5 cards from these ranks, giving:

C(13, 5) = 1,287

Now, we find the number of ways to make a poker hand with only 1 club. There are 13 ways to choose the rank of the club, and once we have chosen the rank, there are 12 clubs left to choose from, as well as 3 non-club cards. So the number of ways to make a hand with 1 club is:

13 * C(12, 3) = 3,276

Finally, we subtract the number of hands with no clubs or only 1 club from the total to get the number of hands with at least 2 clubs:

2,598,960 - 1,287 - 3,276 = 2,594,397

Therefore, there are 2,594,397 ways to make a poker hand with at least 2 clubs.

Learn more about  poker hand

https://brainly.com/question/14700598

#SPJ4

How is a cryptocurrency exchange different from a cryptocurrency wallet?

Answers

Crypto exchanges are like online marketplaces where people can buy, sell, and trade crypto. A crypto wallet is a piece of software or hardware that can be used for storing, receiving, and sending crypto
A cryptocurrency exchange and a cryptocurrency wallet are two different types of services that are used for different purposes in the world of cryptocurrencies.

A cryptocurrency exchange is a platform that enables users to buy, sell, and trade various cryptocurrencies. It acts as an intermediary between buyers and sellers, facilitating transactions and maintaining the order book. Cryptocurrency exchanges typically charge fees for their services, which can vary depending on the exchange and the type of transaction.

On the other hand, a cryptocurrency wallet is a software application or a physical device that is used to store, send, and receive cryptocurrencies. A cryptocurrency wallet can store private keys, which are used to sign transactions and prove ownership of the cryptocurrencies stored in the wallet. Cryptocurrency wallets can be either hot (connected to the internet) or cold (offline), and they can have different levels of security features to protect the user's assets.
Other Questions
scenario, scientists agree, is to start drastically cutting greenhouse gas emissions. To incentivize individuals, governments, and corporations to pull the plug on fossil fuels, many economists favor imposing a global tax on carbon. Enacting such a policy would require cooperation of countries around the world, but there may be more hope for this, according to a new survey led by assistant professor of economics Stefano Carattini from GSU. Passage: Assistant Professor of Economics, Stefano Carattini, and collaborators surveyed 4,997 citizens in five countries (including the United States, India, the United Kingdom, South Africa, and Australia). Around 1,000 people in each country completed an online survey. The team found consistently high support for a global carbon tax among the public under certain scenarios. For example, most respondents said they would support the taxes if revenue were given back to citizens as per capita dividends. More than half of voters from four of the countries voted in favor of a carbon tax that would support giving back dividends to citizens. The exception was the United States in which only 44% of the voters supported the tax. So, Carattini's research results were that four out of five countries support a global carbon tax under some conditions. Based on that, Carattini's team concludes that 80% of all countries would favor such a tax. Carattini's team's work was published in Nature in January 2019, and earned support from prominent economic experts. - Based on information from GSU Research magazine, Spring 2019, p. 17 and the article "How to win global support for a global carbon tax," published in the scientific journal Nature, 16. January 2018. Does the argument pass the proper form test? Why or why not? Be sure to use terms that we've used in the course (e.g., "strong" or "weak," "valid" or "invalid"). If the argument is analogical, are there many relevant similarities and few relevant dissimilarities? If the argument is statistical, is the sample sufficiently representative of the target group in both size and variety? The starting point in the budget-preparation process is the organization's ____ 5. Your brother owns a painting company with fixed costs of $200 and the following schedule for variable cost: Quantity of painted houses variable costs 1 $10 2 $20 3 $40 4 $80 5 $160 6 $320 7 $640 a. Calculate average total cost for each quantity. b. What is the efficient scale of the painting company? Question 39The disposal of equipment and other materials containing PCBsa. is completedb. is unregulatedc. will remain for a long timed. is not necessary 3) Auditing standards for public companies are established by theA) SEC.B) FASB.C) PCAOB.D) IRS. protein secondary structure is important to the function of proteins and consists of three main types: alpha helix, beta strand, and beta turn. what type of protein secondary structure is highlighted? choose one: a. alpha helix b. beta strand c. beta turn The first mission of which accrediting body was to improve the quality and accountability of the health care organizations that use utilization review? Who built Stonehenge England? 43. What course of action would the speaker most wish people to take?A. resign the struggle and just learn their place in historyB. Stop fouling every shore with human pollutionC. Overcome obstacles to individual success and prosperityD. Accept the fact of inevitable human bloodshedE. Understand the sources of violence amd work to change them john occasionally borrows the car of his friend, sophie. sophie has a personal auto policy with liability limits of 100/300/50. john also has a personal auto policy, and his liability limits 250/500/50. john had an accident while using sophie's car and was found to be legally liable for $300,000 in bodily injury liability for injuries suffered by one person. how much will be paid by each policy? if ingested food is absorbed in the small intestine, why does the digestive system have an exit? group of answer choices animals, including humans, always consume more food than they need. the exit of the digestive system, known as the urinary tract, is needed to eliminate liquids the body does not digest. not all the food that one ingests is completely digested and absorbed; waste materials have to be eliminated. the digestive process increases the volume of food that initially enters the body. the exit of the digestive system, much like the human appendix, is an evolutionary remnant of ancestral species but serves no purpose today. What is 2 X 2 X 8 + 25? what is the correct alternative hypothesis for the wilcoxon rank sum test? group of answer choices ha: the two samples come from the same distribution. ha: the population slope coefficient is not equal to zero. ha: one distribution is shifted in location higher or lower than the other. ha: the population means are equal. Leisure Times, Inc., employs skilled workers and capital to install hot tubs. The capital includes the tools and equipment workers use to construct and install the tubs. The installation services are sold in a competitive market for $1,000 per hot tub. Leisure Times is able to hire workers for $3,500 per month, including the cost of wages, fringe benefits, and employment taxes. The increase in the number of hot tubs installed as additional workers are hired is indicated in the following table Complete the third and fourth columns of the table by computing the marginal product as the number of employed workers changes and the marginal revenue product for each unit of labor when the competitive price for a hot tub is $1,000 Number of Workers Employed Number of Hot Tubs Installed Marginal Product Marginal Revenue Product (Hot Tub Installation Price = $1,000) Marginal Revenue Product (Hot Tub Installation Price = $900) 12 18 23 27 30 32 2 3 4 8 If Leisure Times is able to hire workers for $3,500 per month, it should hire workers to maximize its profit. Suppose the wages of skilled workers fall to $2,500 per month At this new wage, the firm should hire workers to maximize its profit. What happens when Benedict's reagent is heated with monosaccharides? what would happen to carbon levels in the classroom if the pump overheated and burned the microgreens? Your client is Donna Osborne. Donna has been accused of killing her husband. You willdefend Donna and inform her of what to expect at each state of the pre-trial processwhile also giving her advice on what to do.1) ArraignmentThe day after a defendant is arrested, she is brought before a judge for an initial hearing onthe case. At that time, she learns more about her rights and the charges against her,arrangements are made for her to have an attorney, and the judge decides if the defendantwill be held in prison or released until the trial.In many cases, the law allows the defendant to be released from prison before a trial if shemeets the requirements for bail. Before the judge makes the decision on whether to grantbail, she must hold a hearing to learn facts about the defendant including how long thedefendant has lived in the area, if she has family nearby, her prior criminal record, and if shehas threatened any witnesses in the case. The judge also considers the defendant'spotential danger to the community.The judge turns to you and asks "Why should your client be granted bail?" What do you say? (110-14(c)(1) ) Equipment rated at 100 ampere or less shall have the conductor sized no smaller than _____ degrees C unless the terminals are marked otherwise. PLEASE HELP - GIVING MANY POINTS!After a dreary day of rain, the sun peeks through the clouds and a rainbow forms. You notice the rainbow is the shape of a parabola.The equation for this parabola is y = -x2 + 19.In the distance, an airplane is taking off. As it ascends during take-off, it makes a slanted line that cuts through the rainbow at two points. Linear function: _________________ (You create an equation in y=mx+b form, that means the requirements above).Create a table of at least four values for YOUR function that includes two points of intersection between the airplane and the rainbow.x yIs the linear function you created with your table positive or negative? Explain what it means in context.What are the solutions or solution to the system of equations created? Explain what it or they represent.Analyze the two functions. Answer the following reflection questions in complete sentences.What is the domain and range of the rainbow? Explain what the domain and range represent in context. Do all of the values make sense in this situation? Why or why not?What are the x- and y-intercepts of the rainbow? Explain what each intercept represents in context. The people of this culture invented useful items such as choppers, drills and chipping tools made from deer antlers.