What do we call an item that is essential for survival in economics?


A Needs

B Wants


C scarcity
D opportunity cost​

Answers

Answer 1

Answer:

A) Needs

Explanation:


Related Questions

Mostly everyone would agree that pollution is undesirable. But cleaner environment requires higher production costs and a lower level of output. It is difficult though to measure the value on the health, environmental, and aesthetic benefits resulting from a cleaner environment. The health effects associated with the release of various chemicals into the air or water are often not fully understood. While the relationship between carbon dioxide emissions and global warming is the subject of a great deal of scientific speculation and study, precise measurements of the expected environmental damage are not yet available. It is also not easy to place a value on the aesthetic pleasure that individuals may experience knowing that the air and water surrounding them is cleaner. The energy giant Royal Dutch Shell have reached its oil production peak in 2019. Now the company’s focus now is on shifting to renewables and reducing its carbon footprint through green technologies.
Did you know that veryday household items such as toothpaste, shaving foam, deodorant, perfume and furniture polish contain volatile organic compounds (VOCs) that cause pollution? VOCs react with sunlight to form ozone pollution. This escapes into the environment and gets trapped in our house or apartment, causing pollution in our homes. VOCs interact with other chemicals to form tiny particles in the air causing health problems. Define the term externalities. Discuss the negative externalities of highly productive metropolitan areas, such as pollution and congestion. Discuss pros and cons of anti-pollution regulations and recycling.
On a good note, NASA finds that COVD-19 has drastically reduced China’s air pollution due to closing factories and reduced number of cars on the road.What effect did Covid-19 had on the United States pollusion levels?

Companies and scientists are working together to move away from plastic as it has been a big problem for the environment and a deadly threat to wildlife and humans for decades. It takes hundreds of years for plastic to break down. Recently scientists have developed a form of biodegradable, compostable plastic. The process involves embedding polyester-eating enzymes into the plastic during the production process. When these enzymes are exposed to heat and water, they eat away at the plastic and reduce it to lactic acid. This provides nutrients for the soil when composted. Another initiative comes from Coca-Cola. The company ranked as the world’s number one plastic polluter in 2019 and decided to make a switch to paper bottles. What other initiatives do you know about or can propose to increase the quality of air, water and life?

Write about 300 words

Answers

Answer:

Externalities refer to the unintended consequences of economic activities that affect third parties. In the context of pollution, negative externalities refer to the negative effects that a company's production or consumption of goods and services has on society or the environment. For example, a factory that produces a lot of air pollution may not have to bear the full cost of that pollution, as the negative effects are felt by the people living nearby or downwind from the factory. This can lead to overproduction of goods that cause pollution, as the costs of pollution are not fully reflected in the price of the goods.

Highly productive metropolitan areas often experience negative externalities such as pollution and congestion. The concentration of industries and the high level of economic activity in these areas can lead to increased air and water pollution, as well as traffic congestion. These negative externalities can have serious consequences for public health and the environment. For example, air pollution can lead to respiratory problems, while water pollution can harm aquatic ecosystems and reduce the availability of clean drinking water.

There are both pros and cons to implementing anti-pollution regulations and recycling programs. On the pro side, these measures can help reduce the negative externalities associated with economic activity, such as pollution and resource depletion. They can also create jobs and stimulate the development of new technologies and industries. On the con side, implementing anti-pollution regulations and recycling programs can be expensive, and may increase the cost of goods and services. They may also be met with resistance from businesses that are unwilling to change their practices or invest in new technologies.

The impact of COVID-19 on pollution levels in the United States has been varied. During the initial lockdowns, there was a noticeable reduction in air pollution in some areas due to the decrease in vehicle traffic and industrial activity. However, as lockdown measures have been relaxed and economic activity has resumed, pollution levels have returned to pre-pandemic levels in many places. Additionally, the pandemic has led to increased waste generation, as people have used more disposable products, such as single-use masks and gloves, to protect against the virus.

There are many initiatives that can be undertaken to increase the quality of air, water, and life. Some examples include:

Implementing and enforcing strong anti-pollution regulations, such as limits on emissions from industrial sources and stricter fuel efficiency standards for vehicles.

Promoting the use of renewable energy sources, such as solar and wind power, to reduce greenhouse gas emissions and air pollution.

Encouraging the use of public transportation, walking, and biking to reduce traffic congestion and air pollution.

Developing and promoting the use of environmentally friendly products, such as biodegradable plastics and organic products.

Implementing recycling programs to reduce waste and promote the reuse of resources.

Planting trees and other vegetation to absorb carbon dioxide from the atmosphere and improve air quality.

Protecting natural habitats and promoting conservation efforts to preserve biodiversity and protect ecosystems.

Explanation:

If National Bank has Rate-Sensitive Assets of $40 million and Rate-Sensitive Liabilities of $50 million, then if interest rates rise by 5 percentage points, from 10 to 15%, bank profits (measured using gap analysis) will
A) decline by $0.5 million.
B) decline by $1.5 million.
C) decline by $2.5 million.
D) increase by $2.0 million.

Answers

B. Bank profits using gap analysis will decline by $1.5 million.

Gap analysis is a strategic planning process that helps organizations identify opportunities to close the performance gap between their current and desired performance. This process compares actual performance to potential performance to identify areas for improvement.

Rate Sensitive Assets (RSA) = $40 million

Rate Sensitive Liabilities (RSL) = $50 million

Interest Rate Rise = 5 percentage points, from 10 to 15%

Gap Analysis = RSA - RSL

Gap Analysis before Interest Rate Rise = $40 million - $50 million = -$10 million

Gap Analysis after Interest Rate Rise = 10% x $40 million + 15% x $50 million = $17 million

Change in Gap Analysis = $17 million - (-$10 million) = $27 million

Change in Bank Profits = ($27 million / 2) = $1.5 million

Therefore, the bank profits will decline by $1.5 million.

Therefore, bank profits will decline by $1.5 million due to the 5 percentage point rise in interest rates.

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in general, increased activity in the anterior cingulate cortex has been observed when participants perform tasks that have any of the following properties except

Answers

When participants do activities that contain any of the following characteristics, with the exception of requiring well-learned or automated responses, the anterior cingulate cortex generally exhibits higher activity.

A portion of the brain called the cingulate cortex is located in the medial section of the cerebral cortex. The entire cingulate gyrus, which is located directly above the corpus callosum, and its continuation in the cingulate sulcus are both parts of the cingulate cortex. Typically, the limbic lobe is thought to include the cingulate cortex. When participants do activities that contain any of the following characteristics, with the exception of requiring well-learned or automated responses, the anterior cingulate cortex generally exhibits higher activity.

It gets information from the neocortex and thalamus and sends signals to the entorhinal cortex through the cingulum. The limbic system, which is involved in learning, memory, and the development and processing of emotions, includes it as a key component.

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if a company purchases treasury stocks, this will be included in the cash flow statement categroy of: ____.

Answers

A company's acquisition of treasury shares will be listed under the operating activities part of the cash flow statement.

Why Do Stocks Matter?

A stock, often known as equity, is a financial instrument that indicates ownership of a share of the issuing corporation. In accordance with the number of shares they own, keeper of shares, which are units of stock, are allowed to a portion of the company's assets and revenue.

An illustration and definition of stocks.

Stocks represent ownership in a publicly listed company. When you buy a company's stock, you become an owner of the business. For instance, if you buy 1,000 of a company's 100,000 shares, you own 1% of it.

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When the Federal Open Market Committee (FOMC) directs that Treasury securities be sold in the open market, this will do which of the following?

Answers

The Federal Open Market Committee (FOMC) orders the open market sale of Treasury securities. This will raise the interest rates on consumer loans.

How does the FOMC affect the rate of interest?

The FOMC's target interest rate is the federal funds rate. This is the rate at which commercial banks borrow money and lend each other overnight their excess reserves. Short-term interest rates on consumer loans and credit cards can be influenced by the federal funds rate.

Did the FOMC alter interest rates in any way?

The Federal Open Market Committee (FOMC) made another rate increase on December 14, this time raising the federal funds rate by 50 basis points to a range of 4.25 percent to 4.5 percent.

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Team Tennis owns 40% of Best Racquets, Inc. and accounts for the investment using the equity method. During the year, Best Racquets reports a net loss of $2,400,000 and pays total dividends of $50,000.Which of the following describes the change in Team Tennis’s investment in Best Racquets during the year?Select one:A. The investment decreases by $980,000B. The investment decreases by $2,450,000C. The investment increases by $50,000D. The investment decreases by $735,000

Answers

The investment decreases by $980,000 if Team Tennis possesses 40% of Best Racquets, Inc. and accounts for the investment using the equity method.

Investment is an asset's consistency in achieving a value increase over time. Any current asset, including time, money, or effort, must be forfeited in order to invest. In the world of finance, investing is done with the goal of creating an instrument from the asset.

According to the given information available,

Owning Percentage = 40%

Net loss = $2,400,000

Total Dividend = $50,000

Investments = (Net Loss + Total Dividend) * Owning Percentage

Investments =  ($2,400,000 + $50,000) * 40%

Investments = 2,450,000 * 40%

Investments = 2,450,000 * 0.04

Investments = $980,000

Therefore, option A is correct.

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Accenture has partnered with a global construction company that specializes in
building skyscrapers. The company wants better machine-uptime management on
their build sites. They would also like to improve worksite safety. Accenture is
designing an Artificial Intelligence (Al) solution to address this scenario.
What type of data should be used in the solution?

Answers

Accenture is designing an Artificial Intelligence (Al) solution to address this scenario. The type of data should be used in the solution should be  past maintenance and performance records and worksite conditions.

What is Artificial Intelligence (Al)?

The replication of human intelligence functions by machines, particularly computer systems, is known as artificial intelligence. Expert systems, natural language processing, speech recognition, and machine vision are some examples of specific AI applications. One of the most prevalent examples of AI in daily life is seen These digital assistants aid users with a variety of tasks, including as checking their schedules, conducting web searches, and even instructing another programme. ML-based financial fraud detection, picture recognition for face unlock in smartphones, and voice assistants are a few examples of AI software already being used in daily life. In most cases, all that is needed is AI software, which can be downloaded from an online retailer.

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companies use ______ to fit the needs and preferences of a specific target market by combining product, distribution, promotion, and pricing strategies.

Answers

Companies use marketing mix to fit needs and preferences of specific target market by combining the product, distribution, promotion, and pricing strategies.

What is a marketing mix?

Historically oriented on product, price, place, and promotion, the term "marketing mix" refers to a commercial foundation model. As a "collection of marketing instruments that the firm utilizes to pursue its marketing objectives in the target market," the marketing mix has been defined. At the start of the twenty-first century, marketing theory was developed. The modern marketing mix was originally published in 1984, and since then, it has evolved into the preeminent framework for marketing management decisions. The problem of choosing a product's attributes to maximize the number of customers preferring it is computationally intractable given the valuation of consumers toward potential product attributes and attributes of the products sold by other companies.

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In Real Estate Markets, which of the following measures is considered the fundamental determinate of market value for income-producing properties?
A.Capital expenditures
B.Net operating income
C.Operating expenses

Answers

In Real Estate Markets, net operating income is considered the fundamental determinate of market value for income-producing properties.

Why Is Net Operating Income (NOI) Important?

To evaluate the profitability of real estate assets that generate cash, net operating income (NOI) is a calculation that is utilized. All property income less all supposedly required operation cost equals NOI.

NOI, or net operating income, is a before-tax figure that is shown on a property's income and cash flow statement and excludes loan principal and interest payments, capital costs, depreciation, and amortized. EBIT, which stands for "profits before interest and taxes," is the name given to this statistic when it is applied to other industries.

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In addition to numerous congressional acts that focus more on national regulation, laws have been created that affect the practice of home mortgage lending at a community or neighborhood level. For example, laws have been enacted to prevent lenders from avoiding certain neighborhoods without regard to the merits of the individual loan applications, a practice more commonly referred to as:

Answers

Along with various legislative actions and numerous congressional acts this is refered as redlining.

In addition to various legislative acts that focus largely on national regulation, laws affecting the practice of home mortgage lending at the local or neighborhood level have been adopted. For example, legislation has been passed to put an end to the increasingly common practice of lenders avoiding specific neighborhoods without considering the merits of individual loan applications. Consider someone who has recently lost his job and has a history of missing bill payments. The bank has advised the individual that he must pay off his home equity line of credit in full since his credit score has declined.

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A company sells a plant asset that originally cost $650000 for $270000 on December 31, 2022. The accumulated depreciation account had a balance of $260000 after the current year's depreciation of $65000 had been recorded. The company should recognize a$120000 loss on disposal.$120000 gain on disposal.$55000 loss on disposal.$380000 loss on disposal.

Answers

The business should record a loss on disposal of $12,000 As a result, choice (A) is acceptable.

What is the calculation?

The cost of the plant asset = $650000

Depreciation for current year = $260000

Book value of the plant = cost of the plant-Depreciation value

=$650,000 - $260,000

=$390,000

But the sale of Plant = $270000

Therefore the profit /loss of plant = Sale of asset -  Cost of Asset

=$270000 -$390,000

=-$12,000 which is a loss.

Depreciation expense is the sum total of a company's asset depreciation, whereas accumulated depreciation is the amount depreciated over a specific period of time. Depreciation is an accounting term that describes how the cost of an asset decreases over the course of its useful life.

Hence, option (A) is accurate.

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when a variable annuity is annuitized the accumulation units the contract owner purchased are converted into annuity units. the amount of income T/F

Answers

It is true that the accretion units the principal contractor acquired are changed into annuity units when a varying annuity is annuitized.

How does an annuity operate and what is it?

They are long-term contracts you enter into with an insurance company. You receive income in return for your investment in the form of monthly installments through annuitization or, for an extra fee, a guaranteed lifelong income benefit.

Is it a smart idea to take an annuity?

In retirement, annuities can offer a steady income stream, but if you pass away too soon, you might not receive your money's value. When comparison to mutual fund schemes and other investments, annuities can have higher fees. Though you may have to pay too much or accept a smaller monthly income, you can tailor an annuity to your needs.

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Research found that employees could overcome fatigue and improve time management if they were motivated by money and job satisfaction.

a. True
b. False

Answers

The research found that employees could overcome fatigue and improve time management if they were motivated by money and job satisfaction. Hence, the above statement is true.

What is Time management?

Time management is the conscious planning and control of how much time is spent on specific tasks, especially to increase effectiveness, efficiency, and productivity.

The practice of determining and organizing how to split your time between various activities is known as time management. If you execute it correctly, you'll find that you work more efficiently and effectively to complete more tasks in less time, even under time restraints and heavy pressure. The most prosperous individuals are excellent time managers.

Good time management requires deliberate planning and deliberate decision-making. Additionally, it entails maintaining focus and completing your targeted activities without becoming sidetracked by trivial distractions.

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a manager seeking ____ will select the highest spot on the total profit curve that has the longest vertical distance between the total revenue curve and total cost curve.

Answers

The highest point on the total profit curve with the greatest vertical separation between the total revenue curve and total cost curve will be chosen by a management who wants to maximize profits.

What is the point at which profits are at their highest?

A manager maximizes profit when the value of the final unit of production (marginal revenue) equals the cost of producing the final unit of production (marginal cost).

Where is the economic juncture where the business would profit the most?

To maximize profitability, the corporation should set marginal revenue at parity with marginal cost. Due to market competition, this corporation must pay a market price that is equivalent to its marginal revenue.

To maximize profits, one must determine the ideal output level where a perfectly competitive firm's Marginal Cost (MC) Equals Market Price (P). The profit-maximization point is where MC crosses with MR or P.

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Suppose that the United States and European Union are the only trading partners in the world. If the United States lowers import restrictions from the European Union, we would expect the: A) demand for euros to increase, appreciating the euro. B) demand for the dollar to increase, appreciating the dollar. supply of dollars to increase, appreciating the dollar. D) supply of euros to increase, depreciating the euro. 

Answers

Assume that the only two trading partners in the globe are the US and the EU. We would anticipate a rise in demand for euros and an increase in the value of the euro if the United States eased import restrictions from the European Union.

What impact does a higher level of currency fluctuation on the transaction's foreign currency have on the payment balance?

The exchange rate between a nation's currency and other currencies may change as a result of changes in its balance of payments. The opposite is also true when a change in the relative strength of a currency might affect a country's balance of payments.

Who determines which currency is used in each nation on earth?

Each nation chooses the currency it will employ. Treaties and other agreements signed by nations may in some situations control the choice of currency. For instance, the European Union's 28 members, 19 of them have ratified the use of the Euro as their official currency.

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Southern Oil Company produces two grades of gasoline: regular and premium. The profit contributions are $0.30 per gallon for regular gasoline and $0.50 per gallon for premium gasoline. Each gallon of regular gasoline contains 0.3 gallons of grade A crude oil and each gallon of premium gasoline contains 0.6 gallons of grade A crude oil. For the next production period, Southern has 18,000 gallons of grade A crude oil available. The refinery used to produce the gasolines has a production capacity of 50,000 gallons for the next production period. Southern Oil's distributors have indicated that demand for the premium gasoline for the next production period will be at most 20,000 gallons.
(a) Formulate a linear programming model that can be used to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution.
If required, round your answers to two decimal places.
Let R = number of gallons of regular gasoline produced
P = number of gallons of premium gasoline produced
(b) What is the optimal solution?
Gallons of regular gasoline Gallons of premium gasoline Total profit contribution
(c) What are the values and interpretations of the slack variables?
(d) What are the binding constraints?

Answers

a) The linear programming model to determine the number of gallons of regular gasoline and the number of gallons of premium gasoline that should be produced in order to maximize total profit contribution is given by:

Maximize Z = 0.30R + 0.50P

Subject to:

R + P ≤ 50,000 (production capacity)

0.3R + 0.6P ≤ 18,000 (grade A crude oil available)

P ≤ 20,000 (demand for premium gasoline)

R, P ≥ 0 (non-negativity)

b) The optimal solution is:

Gallons of regular gasoline = 36,000

Gallons of premium gasoline = 14,000

Total profit contribution = $9,000

c) The values and interpretations of the slack variables are:

Slack variable for production capacity: 50,000 – (36,000 + 14,000) = 0

This indicates that the production capacity constraint is binding.

Slack variable for grade A crude oil available: 18,000 – (0.3*36,000 + 0.6*14,000) = 0

This indicates that the grade A crude oil available constraint is binding.

d) The binding constraints are the production capacity constraint and the grade A crude oil available constraint.

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how is frtnite better then mincraft 2+2 is 5?)

Answers

Answer:

No

Explanation:

2+2 is equal to 4. The statement "2+2 is 5" is false. This is a well-known mathematical fact that has been established through many years of mathematical study and reasoning. In general, the statement "a+b is c" is only true if a and b are numbers and c is their sum. For example, 3+7 is equal to 10, so the statement "3+7 is 10" is true. But in the case of "2+2 is 5", the statement is false because 2+2 is not equal to 5.

For each, indicate the dollar value that each
contributes to each component of GDP. Assume that everyone in
society gets page a wage of $10 per hour for their market labour.
If an item does not contribute to GDP, write "none"

Answers

Answer:

The contribution of labour, capital and entrepreneurship in GDP:

Labour: the value added by workers' work, measured in

wages, salaries and self-employment incomes

Capital: the value added by capital (or

inputs) paid by the capital owners

Entrepreneurship: the contribution of

entrepreneurs to create a business and the

productivity to create income that cannot

be attributed to capital or workforce

Contribution of labour: 50%

Contribution of capital: 33%

Contribution of entrepreneurship: 17%

Explanation:

when you take a multiple-choice test, you are relying on , because you are comparing the information in front of you to that which is already stored in your long-term memory. a. encoding
b. recognition
c. storage
d. the stroop effect?

Answers

In order to select the right response on a multiple-choice exam, you must rely on recognition, a technique for drawing knowledge from your long-term memory storage system.

Recognizing, encoding, and storing Stroop's influence recognition which answers are incorrect while completing multiple-choice questions is incredibly beneficial. This is based on knowledge that has been permanently preserved in the long-term memory. A type of computer-controlled equipment known as automated storage and retrieval systems (ASRS or AS/RS) quickly, accurately, and automatically deposit and retrieve loads from predefined storage locations in a facility. The retrieval function is one of the most important components of an information retrieval system. For a user-submitted query, the retrieval function is used to determine how comparable the results are.

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assume you are the manager of a shop that assembles power tools. you have just received an order for 52 chain saws, which are to be shipped at the start of week 8. pertinent information on the saws follows: itemlead time (weeks)on handcomponents saw215 a(2), b(1), c(4) a110 e(3), d(1) b25 d(2), f(3) c265 e(2), d(2) d120 e110 f230 develop the material requirements plan for component e using lot-for-lot ordering for all items.

Answers

It would be A because if we don’t want it I would like and I can come pick you guys up later today or later if I want to go to sleep or something else besides the sun and busters then I’ll be home at church.

The material requirements plan for component E using lot-for-lot ordering involves calculating the net requirements for component E based on the demand for chain saws and the bill of materials for each item.

The lead times and on-hand quantities are also considered to determine when to order and how much to order. Using this information, the plan is developed to ensure that there is enough component E available to meet the demand for chain saws.

In this scenario, the manager would calculate the net requirements for component E by taking into account the demand for 52 chain saws to be shipped at the start of week 8. The bill of materials shows that for each chain saw, there is a requirement for 3 units of component E. The lead times for acquiring component E from different items are also considered. The manager will then determine when to place orders for component E and how much to order, based on the net requirements and lead times.

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Suppose that the demand for vegetables is price elastic. If the price of vegetables increases by 5 percent, the quantity of vegetables demanded would (A) increase by 5 percent (B) increase by more than 5 percent (C) increase by less than 5 percent (D) decrease by more than 5 percent (E) decrease by less than 5 percent

Answers

If the demand for vegetables is price elastic and the price of vegetables increases by 5 percent, the quantity of vegetables demanded would: decrease by more than 5 percent.

The factors of supply and demand affect market pricing. When there is more demand than supply for a certain commodity, prices seem to go up. When a product's supply outpaces its demand, prices fall. This basic economic principle is easy to understand, but one can wonder what exactly demand is.

Demand in economics refers to a consumer's intention to buy a good or service. Demand is calculated using the price that customers are willing to pay for the good or service. If all other factors remain constant, demand should rise as prices fall and fall as prices rise.

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If the dollar price of the yen (the price of the yen stated in dollars) rises, then we would say that
Group of answer choices
the dollar has appreciated relative to the yen.
the inflation adjusted value of the dollar has fallen.
the yen has appreciated relative to the dollar.
the yen has depreciated relative to the dollar.

Answers

If the dollar price of the yen (the price of the yen stated in dollars) rises, then we would say that a) the dollar has appreciated relative to the yen.

When demand for the dollar increases relative to demand for other currencies, the value of the dollar increases.

This could occur when there are worse economic prospects outside of the US or when there is more uncertainty throughout the world because US government assets gain from being seen as a safe haven.

Foreign investors accumulate dollars to purchase Treasury bills, notes, and bonds, driving up the price of the dollar (that is, the exchange rate).

The current climate of poorer growth and higher uncertainty may be bolstering flight-to-safety currency flows to the United States as a result of Russia's invasion of Ukraine, subsequent EU sanctions, and shortages in the European energy market.

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Williams Williams and Red Bull are competing for the Formula One Constructors' Championship and are deciding whether to increase their spending on their aerodynamic (aero) development. The matrix displays the payoffs to the team that result from each possible choice. Note that, due to other factors, the payoffts are not symmetrical. Assume that each team's goal is to earn as many points as possible Increase Do not change iams earns illiams earns 360 points 142 points Raise spendingearns 354 Red Bull Red Bull earns 460 Does Williams have a dominant strategy? If so, what is it? Red Bull illiams earns 78 points O Yes. Their dominant strategy is to increase aero illiams earns 454 points development spending ONo, they do not have a dominant strategy O Yes. Their dominant strategy is to leave aero Do not change spendingearns 153.5 Red Bull Red Bull earns 400 oints oints development spending unchanged Does Red Bull have a dominant strategy? If so, what is it? O Yes. Their dominant strategy is to leave aero development spending unchanged O No, they do not have a dominant strategy O Yes. Their dominant strategy is to increase aero development spending

Answers

Yes, their dominant strategy is to increase the Aero ilimas earns the 454-points development spending.

What is a dominant strategy?

In game theory, dominant strategy arises when one approach is superior to another for a player, regardless of how that person's opponents may behave. Dominance can be used to win a lot of easy games. The contrary, intransitivity, arises in games where one player may find that one tactic is superior to another depending on how the player's opponents may play. If one player in a game has a strictly dominating strategy, that player will use that approach in each of the game's Nash equilibria. There is only one distinct Nash equilibrium in the game if both players employ purely dominant strategies. It is illogical for any player to use strictly dominated strategies because they are incompatible with a Nash equilibrium.

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Identify the five-year period during which the greatest rate of decline in the fish harvest took place. For that five-year period, calculate the rate of decline in the fish harvest, in metric tons per year. Show clearly how you determined your answer.

Answers

Maximum decline: 1965–1970 (700–103 metric tons–200–103 metric tons) / 5 years = 100,000–103 metric tons per year.

What part does long line fishing play in the disappearance of marine life?

The longlines design has the unpleasant side effect of attracting and easily snagging non-target aquatic species (known as bycatch). Many different animals, including sea turtles, sharks, seals, seabirds, and marine mammals, can become entangled in fishing line or caught on hooks.

How does bottom trawling contribute to the disappearance of marine life?

Trawls remove sponges, coral, sea stars, sea cucumbers, and anemones as they are dragged across the ocean floor. These organisms are all crucial fish habitats or food sources. Additionally, they eliminate seamounts and other fish habitats, converting once-thriving environments into vast cleared regions.

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Explain the concept of country of origin effect in the conduct of international business. Assess its impact on developing countries like Ethiopia and suggest some potential remedies to minimize those impacts that are of negative.​

Answers

Answer:

The concept of country of origin effect refers to the influence that the perceived country of origin of a product or service has on a consumer's evaluation and decision-making process. This can include factors such as the consumer's perceptions of the quality, reliability, and value of the product, as well as their perceptions of the country itself, including its culture, economic and political systems, and image.

In the conduct of international business, the country of origin effect can have a significant impact on the success or failure of a product or service in a particular market. For example, products and services from developed countries are often perceived as being of higher quality and more reliable than those from developing countries, which can make it difficult for firms from developing countries to compete in international markets.

Which of the following refers to how quickly or easily a given brand name comes to mind when a product category is mentioned
Brand Awareness refers to how quickly or easily a given brand name comes to mind when a product category is mentioned.

Answers

"Top-of-mind awareness" in marketing refers to a brand as well as specific product coming to clients' minds first when they think of a certain industry or category.

What is a sample of a product category?

Product categories are groups of goods that share a common set of advantages. Products belonging to the exact product category will also have comparable physical characteristics and advantages. For instance, premium automobiles like the BMW, Mercedes, as well as Audi compete with one another in this market segment.

What four new product categories are there?

The four main types of new product developments include new to the firm, bettering an existing product, extending the product line, and new to the market.

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TRUE/FALSE. if monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, they will be unable to earn higher-than-normal profits in the short run. they will wish to cooperate to make decisions about what price to charge. they will wish to cooperate to make decisions about what quantity to produce. they will be unable to earn higher-than-normal profits in the long run.

Answers

If monopolistic competitors must expect a process of entry and exit like perfectly competitive firms, they will be unable to earn higher-than-normal profits in the short run is true.

What constitutes the ideal competition design?

A hypothetical market structure known as perfect competition has a large number of enterprises, each of which has an infinitesimally small portion of the market. If any company can make an economic profit in a market that is completely competitive, other companies will enter the market right away, reducing economic profit to zero.

Why is a perfect contest the best?

The presence of productive and allocative efficiency makes the perfect competition market preferable when compared to other forms of market structures, such as monopoly, monopolistic competition, and oligopoly.

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You intend to endow a scholarship that pays ​$7 comma 000 every 6​ months, starting 6 months from now. If the appropriate discount rate is 2 ​% per​ 6-month period, how much money will you have to donate today to endow the​ scholarship?

Answers

The money that will a person have to donate today to endow the​ scholarship is $116,666.67.

What is the scholarship?

A scholarship is defined as a type of money given to students for additional education. Scholarships are typically given out based on a number of factors, including academic excellence, diversity and inclusion, athletic ability, and financial need.

Computation of scholarship donation:

According to the given information,

Semi-annual payment for scholarship = $7,000 every 6 months

Discount rate = 6% per 6-month period

Then,

Amount to be donated today = Semi-annual payment / Discount rate

Amount to be donated today = $7,000 / 6%

Amount to be donated today = $116,666.67

Therefore, a person will need to donate in a scholarship $116,666.67

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On January 1, 2021, Ithaca Corp. purchases Cortland Inc. bonds that have a face value of $350,000. The Cortland bonds have a stated interest rate of 6%. Interest is paid semiannually on June 30 and December 31, and the bonds mature in 10 years. For bonds of similar risk and maturity, the market yield on particular dates is as follows: (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):



January 1, 2021 7.0 %
June 30, 2021 8.0 %
December 31, 2021 9.0 %

Required:
1. Calculate the price Ithaca would have paid for the Cortland bonds on January 1, 2021 (ignoring brokerage fees), and prepare a journal entry to record the purchase.
2. Prepare all appropriate journal entries related to the bond investment during 2021, assuming Ithaca accounts for the bonds as a held-to-maturity investment. Ithaca calculates interest revenue at the effective interest rate as of the date it purchased the bonds.
3. Prepare all appropriate journal entries related to the bond investment during 2021, assuming that Ithaca chose the fair value option when the bonds were purchased, and that Ithaca determines fair value of the bonds semiannually. Ithaca calculates interest revenue at the effective interest rate as of the date it purchased the bonds.

Answers

1. The price (present value) Ithaca would have paid for the Cortland bonds on January 1, 2021, was $325,128.29.

The journal entry to record the purchase on January 1, 2021, is as follows:

January 1, 2021:

Debit Bonds Receivable $350,000

Credit Bonds Premium $24,871.71

Credit Cash $325,128.29

(To record the purchase of Cortland Inc.  6% bonds.)

2. The journal entries related to the bond investment during 2021 accounted as a held-to-maturity investment are as follows:

January 1, 2021:

Debit Bonds Receivable $350,000

Credit Bonds Premium $24,871.71

Credit Cash $325,128.29

(To record the purchase of Cortland Inc.  6% bonds.)

June 30, 2021:

Debit Cash $10,500

Debit Bonds Premium Amortization $879

Credit Interest Revenue $11,379

(To record the interest revenue and cash receipt.)

December 31, 2021:

Debit Cash $10,500

Debit Bonds Premium Amortization $910

Credit Interest Revenue $11,410
(To record the interest revenue and cash receipt.)

3. The journal entries related to the bond investment during 2021 accounted as a fair-value investment are as follows:

January 1, 2021:

Debit Bonds Receivable $325,128.29

Credit Cash $325,128.29

(To record the purchase of Cortland Inc. 6% bonds as held to maturity.)

June 30, 2021:

Debit Cash $10,500

Debit Bonds Receivable $2,505

Credit Interest Revenue $13,005

(To record the fair value, interest revenue, and cash receipt.)

December 31, 2021:

Debit Cash $10,500

Debit Bonds Receivable $4,243

Credit Interest Revenue $14,743

(To record the fair value, interest revenue, and cash receipt.)

Face value of bonds = $350,000

Stated interest rate = 6%

Interest payment = Semiannually June 30 and December 31

Maturity period = 10 years

Market Rates:

January 1, 2021 = 7.0%

June 30, 2021 = 8.0%

December 31, 2021 = 9.0%

Bond Price on January 1, 2021 = Present Value, determined as follows:

N (# of periods) = 20 (10 years x 2)

I/Y (Interest per year) = 7%

PMT (Periodic Payment) = $10,500 ($350,000 x 6% x 1/2)

FV (Future Value) = $350,000

Results:

Present Value (PV) = $325,128.29

Sum of all periodic payments = $210,000 ($10,500 x 20)

Total Interest = $234,871.71

Thus, the price of a bond is the present value of its future cash inflows.

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Ricardo uses his personal vehicle in his sole proprietorship. He keeps no records of any kind regarding his business use of the car and doesn't really know for certain when and where he used the automobile for business. Which of the following is correct? *
O Ricardo should deduct a good-faith estimate of his expenses for the auto as a business expenses.
O Ricardo should estimate his total vehicle expenses for the year, then deduct 50% of that amount as business expense.
O Ricardo could have leased a comparable vehicle for $3,600 for 2016. Therefore, he should deduct $3,600 as a business expense.
O Ricardo cannot deduct any vehicle expenses because he has no record of his expenses.

Answers

Ricardo lacks a record of his expenses, thus he is unable to deduct any vehicle-related costs.

What are expense records?

Definitions for expense records. a written account of every dollar spent. a record, that is. a document that can be cited in court as evidence of a transaction.

Without receipts, how do I report my expenses?

If you don't have the original receipts, you may also be able to use canceled checks, credit card or debit card statements, written records you make, calendar notations, and photos as acceptable records. Go back through your bank statements to find the purchase of the item you're trying to deduct as your first step.

Do I have to disclose every expense?

A self-employed person must disclose all income and subtract all outgoing costs.

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