what matters most in determining the efficient distribution of production over the world is comparative advantage.
What is comparative advantage?is an economy's cap potential to provide a selected desirable or provider at a decreased possibility price than its buying and selling partners. Comparative gain is used to give an explanation for why companies, countries, or people can gain from trade.When used to explain global trade, comparative gain refers to the goods that a rustic can produce greater affordably or effortlessly than different countries. While this commonly illustrates the advantages of trade, a few modern economists now well know that focusing handiest on comparative benefits can bring about exploitation and depletion of the country's resources.The regulation of comparative gain is popularly attributed to English political economist David Ricardo and his ee-e book On the Principles of Political Economy and Taxation written in 1817, even though it is probable that Ricardo's mentor, James Mill, originated the analysis.learn more about comparative gain
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martinez corporation reported net sales of $779,000, net income of $128,000, and total assets of $7,774,146. the profit margin is:
If martinez corporation reported net sales of $779,000, net income of $128,000, and total assets of $7,774,146. the profit margin is: 16.43.
How to find the profit margin?Using this formula to determine the profit margin
Profit margin = Net income/Net sales
Where:
Net income = $128,000
Net sales = $779,000
Let plug in the formula
Profit margin =$128,000/$779,000 × 100
Profit margin = 16.43%
Therefore the profit margin is 16.43%.
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can the profit-maximizing monopolist produce an output that lies in the inelastic portion of the demand curve it faces? why or why not?
The company can not maximizing profits if it is operating in the inelastic region of its demand curve.
A monopoly firm has a more difficult analysis of options than a corporation with perfect competition. After all, a firm in a competitive market calculates its output to maximize profits by starting with the market price as a given. A monopoly may control both its output and its pricing because it owns the whole market. What options will such a company make regarding price and output.
We shall respond to your query in terms of the marginal decision rule, which states that a firm will continue to manufacture more units of a good up until marginal revenue equals marginal cost. We must first look into the unique link between demand and marginal revenue for a monopoly in order to apply that rule to monopoly firms.
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TRUE/FALSE. Under the UCC, a merchant is frequently held to a higher standard of conduct than a non-merchant.
This statement is True. Under the Uniform Commercial Code (UCC), a merchant is held to a higher standard of conduct than a non-merchant. A trader is defined as a person who deals in goods of the kind sold and who professes to be a person who has the knowledge or skill typical of the practices or goods involved in the transaction.
This means that the merchant claims to have more specialized knowledge than the non-merchant and must therefore exercise a higher standard of care when handling the goods. For example, traders must provide accurate information about the goods they sell and ensure that the goods are of merchantable quality. Finally, merchants must ensure that the goods they sell are of the promised quality. All of these requirements hold traders to a higher standard of behavior than non-traders.
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which is a collaborative international initiative in united nations climate talks and other international forums which will help to compensate governments, communities, companies, and/or individuals in low-income countries for actions that protect forests?
Reducing Emissions from Deforestation and Forest Degradation (REDD) is a collaborative international initiative in United Nations climate talks and other international forums which will help to compensate governments, communities, companies, and/or individuals in low-income countries for actions that protect forests.
The United Nations has proposed the formation and development of an international initiative, which is aimed to help the developing and low-income countries to get compensated for the actions that are for the protection of forests. Such programs by the United Nations have helped in maintenance of ecological balance in the developing as well as low-income countries.
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when criticized about the value of intermediaries, marketers and resellers respond that intermediaries do what?
when criticized about the value of intermediaries, marketers and resellers respond that intermediaries do provide only necessary services that must be provided by someone.
resellersA reseller is an individual or corporation that purchases a product, raises the price, and resells it for a profit. It is the intermediary between producers and buyers. Resellers can be one of four people: A distributor is someone who buys a product from the manufacturer and resells it to a wholesaler or retailer. These resellers are not to be confused with speculators, who buy a large number of domain names with the goal of retaining them and selling them for a profit at a later date. Resellers, by definition, are retailers rather than wholesalers.
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this example has level resources of three resources for eight days. if the project is limited to two resources, how should the project be organized to meet the resource constraint and finish the project as early as possible? the tasks with the least slack have the lower number.
If the project were planned to fulfill the resource restriction and be completed as soon as feasible, the paths would be 1,2,3,4, and 1,2,5. This is because these tasks contain the least amount of slack.
When we talk about resources, we're talking about all the things that are available to us that are environmentally friendly, economically viable, and culturally sustainable and that help us meet our needs and desires. Resources can be broadly categorized based on their availability into renewable and non-renewable resources. They can also be divided into real and potential entities based on their level of development and use, biotic and abiotic entities based on their origin, ubiquitous entities based on their distribution, and localized entities based on their distribution (private, community-owned, national and international resources). With time and evolving technology, an object might become a resource. Increased wealth, the smooth operation of a system, or improved wellbeing are only a few advantages of resource use.
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The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as _____.
A. Sticker price
B. A full ride
C. The reduced price
D: The net cost
Answer:
A. Sticker Price
Explanation:
The full cost of attendance to an institute of higher education, including tuition, room and board, books and other costs is known as Sticker Price.
a firm has inventories totaling $1.4 million. the annual cost of goods sold for the firm is $8.6 million. what is the firm's inventory period?
If a firm has inventories totaling $1.4 million. the annual cost of goods sold for the firm is $8.6 million. what is the firm's inventory period is 6,40,000$.
What exactly are inventories?Inventory is the term used to describe all the products, materials, goods, and merchandise that a company has on hand and plans to sell to customers for a profit. The only item that will be regarded as inventory is the newspaper if the vendor delivers newspapers to customers using a vehicle.
What function does inventory serve?The primary purpose of inventory is to guarantee a steady supply of resources for operations. Your company should seek to strike a balance between having enough inventory and not having enough, without ever running out, in order to carry out this function efficiently.
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professor james graaskamp often asserted that when one buys real estate, what one is buying is a set of assumptions about the future. therefore, it is not surprising that the beginning point of the market research process is to:
Professor James Graaskamp often asserted that when one buys real estate, what one is buying is a set of assumptions about the future. Therefore, it is not surprising that the beginning point of the market research process is to:
construct a market-defining "story".
Factors touching the important estate market cycle embrace interest rates, demographic trends, and government intervention. By understanding market trends, investors will establish potential opportunities through all four phases of the important estate cycle.
Market research consists of a series of facts that fails to contemplate the role of capitalist behavior within the decision-making method.
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a jewish organization owns a small apartment complex. it wants to rent housing to only jewish tenants. under the federal fair housing act, is this legal?
Yes. The Fair Housing Act does not apply to religious organizations that rent to tenants for residential reasons.
When did the Fair Housing Act mention religion?The 1968 Act strengthened earlier laws by forbidding discrimination in the purchase, leasing, and financing of housing on the grounds of race, religion, national origin, se-x, and, as amended, disability and family status. The prohibition of racial discrimination in home sales and rents was one of the main goals of the Fair Housing Act when Congress passed it in 1968.
The Fair Housing Act failed for what reasons?The FHA may have been written with tougher enforcement mechanisms, but the bigger reason it didn't offer integrated living patterns is that it was weakened by the rules, regulations, institutions, and subsidies that control and influence the housing industry.
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if johnson bank has actual reserves of $200,000 and $200,000 in demand deposits with a reserve ratio is 10%, what is the amount of excess reserves
If Johnson bank has actual reserves of $200,000 and $200,000 in demand deposits with a reserve ratio is 10%, the amount of excess reserves is 180,000$.
What exactly do reserves mean?A reserve is a portion of the company's retained earnings that is set aside to help the business meet its obligations under the law, expand, pay off debt, make investments, and other goals. Usually, this is done to prevent the money from being used for other things.
Give an example of reserve.The money in special reserves is money that business owners set aside to cover particular debts. The most typical examples of specialized reserves include the reserve for capital redemption, reserve for debt redemption, reserve for asset replacement, and reserve for dividend equalization.
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g assume a bank has total deposits of $100,000 and $20,000 is set aside to meet reserve requirements of the fed. its required reserve ratio is:
0.10 is the necessary reserve ratio. Let's say a bank has $100,000 in deposits overall, with $20,000 set aside to satisfy the Fed's reserve requirements.
The reserve ratio is what?The amount of fully booked liabilities all commercial banks must keep onto instead than deal out or invest is known as the reserve ratio. The central bank of the nation, in this case the Federal Reserve in the United States, sets this criterion. It is often referred to as the ratio of cash reserves.
Briefing:
The total deposits in last bank of commerce are $100,000
The total deposits set asides as reserves are $10,000
Therefore the required reserve ratio can be calculated as follows
= 10,000/100,000
= 0.10
Hence ,the required reserve ratio is 0.10
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yankee fish company sells a product which has a unit sales price of $5, unit variable cost of $3 and total fixed costs of $240,000. the number of units the company must sell to break even is
A company sells a product that has a unit selling price of $5,a unit variable cost of $3,and a total fixed cost of $240,000.The number of units the company.
It is estimated that variable costs represent 25%of the total income received.If the fixed costs of the product are Rs.4500.Here,price per unit (p)=Rs.6 Total revenue R(x)=p.x=6x where x is the number.The number of units the firm must sell to break even is total Fixed Costs/Sales Price Unit-Variable Cost Unit=Breakeven in units.A+ rating selling in the year, breakdown of rates of is Phone for $2.75 per share johnson ade company has sons priced between $2 and $5 of selling the asset and converting it to cash at "fair market value."Since an investment in shares of a corporation is much more liquid than.
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which variable would forecasters be interested in monitoring in order to forecast the strength of a thunderstorm updraft?
d: Convective Available Potential Energy (CAPE) is the variable that forecasters would be interested in monitoring so that the strength of a thunderstorm updraft is forecasted.
Convective Available Potential Energy (CAPE) is a measure of the amount of energy provided for convection. The variable CAPE is directly associated with the maximum potential vertical speed within an updraft. Therefore, higher values show greater potential for severe weather. Forecasters use the CAPE variable in order to forecast the strength of a thunderstorm updraft.
"
Complete question:
which variable would forecasters be interested in monitoring in order to forecast the strength of a thunderstorm updraft?
a) wind shear
b) Helicity
c) surface pressure
d) Convective Available Potential Energy (CAPE)
"
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a check dishonored by the bank because of insufficient funds in the account of the maker of the check.
Answer: Non-sufficient fund check
Explanation:
Also known as the NSF check, is a check dishonored by the bank because of insufficient funds in the account of the maker of the check.
what benefits and limitations of businesses specializing in the prodution and supply of just one type of good
Answer:
Limited market: If the demand for the product decreases or the market becomes saturated, the business may struggle to sell its products.
Dependence on a single product: If something goes wrong with the production of the product, the business may struggle to continue operating.
Lack of diversification: Specializing in just one product means that the business is not diversified and may be more vulnerable to market fluctuations.
Hello,
I hope you and your family are doing well!
The benefits of specializing in the production and supply of just one type of good include achieving economies of scale, developing expertise in a specific market, and reducing costs. Limitations include limited market opportunities, dependence on a single product, and difficulty diversifying.
----
Happy Holidays!
a special ordinance, usually negotiated among developers and city officials, that approves a mixed use--residential, commercial, and/or industrial--development plan is called a
A special ordinance, usually negotiated among developers and city officials, that approves a mixed-use--residential, commercial, and/or industrial--development plan is called a Planned Urban Development
A real estate development known as a planned urban development incorporates residential, commercial, and open space structures into a single project. It is roughly comparable to a planned unit development (PUD), which shares the same abbreviation and is, in all practical terms, interchangeable. Although this is a planned development in an urban setting, there are several distinct peculiarities that set it apart from other developments.
A planned urban development, sometimes known as a PUD, is an agreement to develop a large, mostly flat, parcel of land to incorporate a variety of natural, commercial, industrial, and residential structures.
Large-scale urban developments can boost the value of nearby properties, bring in new money and residents, and foster a vibrant community, to name a few advantages.
A sense of seclusion, homogeneity and the requirement for a car are some drawbacks.
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Katrina works for Penny's Pickles, which offers a 401(k) match for up to 3% of her salary, which is $65,000 per year. In her budget, she only has $150 per month available to save for retirement. What should she do?
NEED ANSWERED QUICKLYYY
Savings needed: 03 times 65,000, or $1950.
She earns 150 times 12 for a total of $1800.
What is budget?Up to 3% of the employee's pay, the employer's contribution is equal to the employee's contribution. Employer will only contribute 3% of salary if employee contribution is more than a certain percentage.
When an individual contributes 3% of their pay, the company's contribution is $65,000 per year.
Therefore, must make a 3% salary contribution to her 401(k) plan in order for her company to match that amount, the most her firm will contribute is this.
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what is in the future value of a 3 year ordinary annuity of 100 if the appoprpriate interest rate iod 10 percent
The future value of a 3-year ordinary annuity of $100 at an interest rate of 10 percent will be $130.
The computation of the future value for the information provided above can be done using the input of given values into the generalized formula. The calculation for the same has been shown below.
Future Value = Principal + (Principal x Rate x Time / 100)
Future Value = 100 + (100 × 10 × 3 / 100)
Future Value = 100 + (3000 / 100)
Future Value = 100 + 30
Future Value = $130.
Therefore, the future value will be $130.
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an example of an automatic stabilizer is a. unemployment benefits. b. a decrease in money demand. c. a decrease in tax rates in response to a recession. d. a lowering of interest rates by the fed.
Corporate and personal income taxes that are gradually graded, or set in proportion to the taxpayer's income levels, are a typical type of automatic stabilizers.
Other instances include transfer programs like poverty, unemployment insurance, stimulus cheques, and so forth. Automatic stabilizers include things like income taxes, which reduce during a recession as incomes rise, and unemployment insurance payments, which rise during one as more people lose their jobs. Unemployment insurance benefits are reduced and income taxes are raised during expansions. The most well-known automatic stabilizers include gradually graduated corporate and individual income taxes, as well as transfer programs like welfare and unemployment insurance. Because they act to smooth economic cycles and are automatically initiated without further government intervention, automatic stabilizers are so named.
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systems analysis primarily focuses on: group of answer choices the specifications of a system (how can we achieve the identified requirements?) determining the requirements of a system (what is needed?) long term planning constructing a system (i.e. coding)
Systems analysis primarily focuses on option a, the specifications of a system, and option b, determining the requirements of a system (what is needed?).
System analysis refers to the observation of systems for development purposes or troubleshooting. It is used in information and technology predominantly where systems need clear analysis based on their designs and makeup.
System analysis professionals analyze, recommend, and redesign the systems. In business, system analysis professionals help in determining the efficiency of a system in the context a particular business is implementing it. Therefore, system analysis focuses primarily on the specifications of a system and determine the requirement of the system.
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The selling price of a car is $15,000. Each year, it loses 12% of its value. Which function gives the value of the car t years after its purchase?.
The value of the car is determined by the function f(t) = 15,000(0.88) t years after the purchase.
The decreasing function V, where V(t) is expressed in dollars, provides the value of a car t years after it is acquired. The amount by which the car's value changes annually in dollars is proportionate to the car's value.
Calculation:When we use the automotive depreciation formula, we get
f(t) = p(1 - r/100)n.
Where P is the purchase price, R is the annual percentage rate of depreciation, and n is the number of years following the purchase, A represents the car's worth after n years.
The depreciated value of the car after 1 yr is n=1
f(t) = 15000( 1 - 12/100)
f(t) = 15000( 1 - 0.12)
f(t) = 15000(0.88)
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According to the video, what are some qualities financial analysts need? select four options. business savvy a college education vocational school training math skills public speaking skills analytical skills patience
1).business savvy 2).a college education 4).math skills 6).analytical skills
The movie suggests that some characteristics financial analysts should have are business expertise, college education, quantitative ability, and analytical skills.
You are skilled with technology since you are a financial analyst. You are quite knowledgeable about the software, databases, and computers that are employed in your line of work. This includes the exclusive software and research algorithms that your business created.
Strong mathematical aptitude and the capacity to comprehend complicated financial data are prerequisites for career achievement as a financial analyst. Being well-organized is also beneficial, and individuals with experience in investment banking are given preference.
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efficiency in production means that: a. the economy has grown. b. an innovation has occurred. c. limited resources are employed fully. d. production is fair.
Economic efficiency is an economic state in which each resource is optimally allocated to serve each person best while minimizing waste.
Productive efficiency is a measure that describes the conditions for producing goods at the lowest possible cost.This not only considers the number of units produced,but also how waste is minimized in the process. Suppose a clothing factory has several machines to help sew the clothing. The machines can produce enough clothing that, when sold,it could fetch $100,$75,and $50.In this example, the most efficient option is the one that results in $100.Anything less than $100 is considered an inefficient use of the machine. Efficiency can be expressed as a ratio using the following formula Output ÷ Input.Output,or work output,is the total amount of useful work completed without taking into account any waste or spoilage.You can also express efficiency as a percentage by multiplying the ratio by 100.Being efficient in your daily operations helps you improve your productivity,increases your output,and can eliminate time-consuming administrative tasks.It can also mean you don't need to rely as heavily on outside vendors, expensive machinery,or even temporary employees.
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the connors company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. connors company has heard about a method of measuring cost functions called the high-low method and has decided to use it in this situation. cost hours $24,360 5,800 $26,200 6,100 $34,700 7,500 $42,360 13,000 $38,600 9,750 what is the estimated total cost at an operating level of 8,400 hours?
The overall anticipated cost at an operating level of 8,400 hours is $35,920.
The High-Low Method: What Is It?Given a small amount of data, the high-low technique in cost accounting aims to discern between fixed and variable expenses. In order to analyze the total expenses at each level of activity, the high-low technique compares the highest and lowest levels of activity.
Is the high-low method the most realistic one?If it is possible to determine the company's overall expense pattern from the highest and lowest activity levels, the high-low technique can be fairly accurate. However, if the two extreme activity levels are persistently different, the high-low technique will yield erroneous results.
b = ( $42,360 − $24,360) / (13,000 − 5,800)
b= $18,000 / 7,200
= $2.50 for the highest and lowest values of the cost driver
$42,360 = a + ($2.50 × 13,000)
$42,360= a + 32,500
a = $9,860
Cost function is Y = $9,860 + $2.50X
Y = $4,000 + ($3.80 × 8,400)
Y = $4,000 + 31,920
Y = $35,920
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which of the four basic sales organization structures is trending? that is, which structure has been recently adopted by some of the u.s.' biggest companies is?
Horizontal organization is trending and has been recently adopted organization structures by some of the US. 'biggest companies
A horizontal organizational structure is one that has a couple of layers of the board. Chiefs have a more extensive range of control with additional subordinates in a level construction, and there is typically a short hierarchy of leadership. While utilizing this design, the correspondence pathway is short, which frequently brings about quicker, more powerful correspondence. More modest organizations or those with a more present day administration style are bound to utilize a level hierarchical construction.
Conversely, those responsible for a horizontal organizational structure normally need to empower free reasoning, individual drive, and coordinated effort among workers.
Here are the upsides of horizontal organizational structure
Less layers rises to better correspondence.Representatives will have more independence and obligation.Representatives might feel more spurred and in this manner more usefulKnow more about horizontal organizational structure - https://brainly.com/question/14893469
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before business managers consider the social responsibilities of firms in their communities, they need to:
Before business managers consider the social responsibilities of firms in their communities, they need to collect all relevant facts.
Business managers lead or supervise the firms, organizations, or departments they are associated with. They ensure the productivity and efficiency of the organization. They keep it organized and functioning by performance reviews, implementing operation strategies, and regulating daily activities.
Business managers are closely involved with employees to assuring the successful completion of projects on time. When business managers consider the social responsibilities of firms in their communities, they are obliged and committed to improving and protecting society's welfare along with their firms' interests.
Business managers can take up societal responsibilities after ensuring the availability of diverse resources like money, labor, functional expertise, and competencies.
Therefore, it is important to collect all relevant facts before committing to societal goals.
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what would happen to total money supply in the us, if the federal reserve (fed) raises the discount rate or the reserve requirement ?
If the federal reserve raises the discount rate or the reserve requirement, the money supply will fall.
The interest rate on a loan from the Federal Reserve to a member bank is known as the discount rate. Banks tend to maintain larger reserves and become more cautious when the Federal Reserve raises the discount rate. Because banks have excess reserves, the amount of money in circulation will fall as fewer new deposits are made.
The difference between the initial amount of the current obligation and the amount that will need to be paid in the future to settle the obligation is known as a discount or charge. Rebates frequently have a rebate rate, also known as a discount yield. A rebate is a dollar amount or a percentage off the regular retail cost of a good or service. For illustration, you might be given the option to receive a discount of 10% or $10 off the product's retail price.
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you were recently promoted to a management position at a warehouse facility. one of your new responsibilities is motivating the warehouse staff and enhancing their engagement and performance. you decide to take a close look at some of the jobs to see if you can improve your warehouse employees' engagement and motivation. because employees must be at their workstations and filling orders during the busy time between 7-12 but it is not as important when they put in the rest of their hours, what type of intervention would be best for this job and situation? flexible work schedule extended work schedule job sharing
Job sharing type of intervention would be the best for this job and situation.
What is Job sharing?Job sharing, or work sharing, is a type of employment arrangement where two people—or more frequently—are retained on a part-time or reduced-time basis to perform duties that are generally carried out by a single person working full-time. The income per employee is reduced as a result. The people who share a job are responsible for the workload and work together to finish the assignment. The workers receive equal compensation, equal vacation time, and equal working hours. In certain nations, superannuation payments are made as a straightforward percentage, whereas national insurance contributions are deducted through pay as you go and PAYE schemes. Job sharing became a hot topic in the press in the 1970s and 1980s.
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which is not an expense account repains expense rent epense accrued expenses interest expense advertising expense
Accrued expenses is not an expense account among the given accounts
The privilege to have money spent by employees for work-related purposes reimbursed is known as an expense account. Cost of sales, utilities expense, discount permitted, cleaning expense, depreciation expense, delivery expense, income tax expenditure, insurance expense, interest expense, and advertising expense are a few examples of frequent expense categories.
An expense account makes it easier to keep track of and organize the many expenses your company incurs over time. Expenses are increased by debits and decreased by credits in an expense account. Spending money adds to your expenditure account.
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