This is asymmetric information.
Whenever one party to a transaction has access to more information than the other, this situation is referred to as having asymmetric information.
Because there is asymmetry of information in some transactions, where the vendor knows more about the product being sold than the buyer, sellers may exploit purchasers. The opposite is also sometimes true.
In terms of skilled labor, asymmetric information is viewed as a desirable result of a robust market economy, where employees specialize in one trade, become more productive, and add more value to workers in other crafts.
Therefore, the situation is of asymmetric information.
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John observed gracie, an executive for a large accounting firm, behave in an aggressive and pushy manner with her subordinates. John now believes that most women executives are aggressive and pushy with their subordinates. John’s overestimation of the link between women executives and the social traits of "pushy" and "aggressive" is referred to as.
Above are the options for the questions.
the social traits of "pushy" and "aggressive" are referred to as b. an illusory correlation.
Illusory correlation occurs when one finds is mistakenly overemphasized and another is ignored. Let's say you're visiting New York City and someone disturbs you while you're on the subway. Then you go to the restaurant and the waiter is rude to you.
Illusory correlation tends to recognize the covariance relationship between rare behaviors and traits and rare classes of people in the absence of them.
Researchers have found that Illusory correlations tend to "occur under conditions where participants are not personally involved." In other words, there are false correlations in areas and situations where there is little knowledge or personal experience.
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Event marketing is closely related to _____ in that both often include setting up a booth or display and maintaining a physical presence at an event.
Lifestyle marketing and event marketing are closely related since both frequently include establishing a booth or display and having a physical presence at an event.
How does lifestyle marketing work?A marketing strategy known as "lifestyle marketing" presents a product or service as having ideas, aspirations, and aesthetics that the target market may relate to. In simple terms, it indicates that audiences who are exposed to brands in this way consider them to be a way of life.
What is a good illustration of lifestyle marketing?By tying your brand into a lifestyle, you can appeal to your customers' strong emotional connections. For instance, you could place an ad in a publication that your target market regularly reads or create a section for a program that many people in your target market routinely watch.
What advantages can lifestyle marketing offer?There are several significant benefits of lifestyle marketing for your company. It enables you to communicate with wider audiences, gives your target market more information, and fosters greater levels of creativity.
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True or false: The shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
It is true that the shared value creation framework aims to reconcile the concept of gaining and sustaining a competitive advantage with corporate social responsibility.
What is corporate governance?This refers to a formal system of oversight, accountability, and control for organizational decisions and resources.
It is the set of processes and tools which controls the operations of an organization.
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Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow
Suppose Congress changed the tax laws so that Berndt's depreciation expenses doubled. No changes in operations occurred. What would happen to reported profit and to net cash flow taxable income would fall to zero, taxes would be zero, and net cash flow would rise.
An asset loses value over time as a result of use, damage, or obsolescence. Depreciation is the measurement for this decline. Description: A loss in an asset's value, or depreciation, can also be brought on by other reasons like bad market conditions, etc.
The base of an income tax system is referred to as taxable income. In other words, the amount of revenue that was subject to taxation. In general, it comprises all or a portion of the items of income and is lessened by costs and other deductions.
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What is an additional clause in a sales contract where the seller warrants that there are no undisclosed building codes or zoning violations
Due on sale provision. Loans that remain outstanding after the Closing may be declared due at any time by the Lender, as acknowledged by the Parties. There will be no liability for any adverse effects of acceleration on any party. This is further explained below.
What is a clause in a sales?Generally, A clause defines the scope of the contract and the circumstances under which it may be enforced.
In conclusion, It's a "due on sale" clause. The parties acknowledge that any debts that remain outstanding after the closing date may be declared due by the lender at any time. Acceleration will not be held against either party, and both parties promise to protect the other from any damage that may result.
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Oliver and Juhi are house hunting. They have found a place they like (Hilltop House) but intend to continue house hunting for one more week before making their final decision. To avoid having someone else purchase Hilltop House, they place a $3,000 deposit on it. This deposit will apply to the purchase price if they buy Hilltop House. If they do not buy Hilltop House, they will forfeit the money. Essentially, Oliver and Juhi have a _____ on Hilltop House.
For the house hunting, Oliver and Juhi place a $3,000 deposit on it. If they do not buy Hilltop House, they will forfeit the money. Essentially, Oliver and Juhi have a "real call" on Hilltop House.
What is Earnest money deposit?Earnest money is a deposit given to a seller as proof of the buyer's good faith in a deal, frequently in real estate purchases.
Some features of earnest money deposit are-
A real estate transaction deposit is typically non-refundable once talks are through and the conditions are met, with a few exceptions. Make sure the home is the one you desire before putting down a deposit.The amount of the earnest money deposit is typically between 1 and 2 % of the purchase price, although it may be greater based on your agreement. It will be kept in an escrow account until closing, when the remaining down payment will be applied.Whatever is specified in the contract may designate a title firm, attorney, bank, or broker to hold the earnest money in escrow for the duration of the contract.To know more about the difference between real property and real estate, here
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10.5. An SKU has an annual demand of 10,000 units, each costing $15, ordering costs are $80 per order, and the cost of carrying inventory is 25%. Calculate the EOQ in units and then convert to dollars.
EOQ is $9,798.
Given:
Annual demand (D)=10,000 units.
Holding cost (H) = 0.25× 15
Order cost (O) = $80
EOQ is to be computed.
Economic order quantity (EOQ) is a computation that businesses use to determine their optimal order size, allowing them to satisfy demand while without overpaying. Inventory managers compute EOQ in order to reduce holding costs and surplus inventory.
The formula to compute the EOQ is given as:
EOQ=[tex]\sqrt{\frac{2*D*O}{H} }[/tex]
[tex]=\sqrt{\frac{2*10000*80}{3.75} } \\=653.20[/tex]
Converting in dollars =653.2×15
=$9,798
Hence, the EOQ is $9,798.
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The experience-curve concept: a. is very important in industries that mass-produce a standardized output. b. helps a company realize both learning effects and diseconomies of scale. c. suggests that achieving low costs allows a firm to charge a premium price. d. suggests that unit manufacturing costs increase by a certain amount each time output is increased. e. is least likely to bottom out as long as the company does not stop production.
The correct option is (a);
The experience-curve concept: "is very important in industries that mass-produce a standardized output".
What is experience-curve concept?The Boston Consulting Group developed the notion of the "Experience Curve," which asserts that there is a regular correlation between a company's total amount of production and its cost of production.
The example of experience-curve is-
The growth of the Model T Ford is arguably the most well-known illustration of the Experience Curve. Ford raised its market share from 10% to 55% by cutting production costs for the Model T and utilizing its 11 years of assembly experience.Factors responsible for experience-curve are-
The most frequent ones are: a growth in production scale, organizational and technical advancements in the production process, and quality improvement. There are numerous other elements that also have an impact on the degree of this effect.To know more about Henry Ford’s Model T, here
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Risen, Inc. has beginning inventory of $16 which consists of 2 units at $8 each. It purchased 10 units at $10 each. It sold 5 units for $20 each. Which would result in the higher Gross Profit, FIFO or LIFO and why
The FIFO would result in a higher gross profit. The reason is that the cost of purchasing the inventory is increasing with the passage of time.
Which inventory method would result in a higher gross profit?
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold. FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold.
Cost of goods sold using LIFO = 5 X $10 = $50
Profit = (20 x 5) - 50 = $50
Cost of goods sold using FIFO = (2 X $8) + (3 X $10) = $46
Profit = (20 x 5) - $46 = $54
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Obtaining materials, such as credit card carbons or preapproval credit card forms, is referred to as ______.
Obtaining materials, such as credit card carbons or preapproval credit card forms, is referred to as Dumpster diving.
Dumpster diving is the practice of searching through big commercial, residential, industrial, and construction containers for usable objects that have been left behind by their owners but are still present.
As long as it doesn't violate any local, regional, or national laws, dumpster diving is legitimate in all 50 states. A garbage bag enters the public domain when it is left on the curb while waiting to be picked up by a waste collection business.
Attackers can get information by dumpster diving, which they then use to build trust. While thieves will also grab whatever computers they come across, the main goal of a dumpster diving attack is usually to learn more about the target company. An attacker can use any document, even one that seems innocent.
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Sally currently has $20,000 in her savings account and she has inherited $250, 000 from her aunt. What should she do to ensure that she will have access to her money if the bank goes out of business
The thing that Sally can do to ensure that she will have access to her money if the bank goes out of business is to keep her money in two financial institutions.
How to illustrate the information?A bank is a place where one keeps money and other valuable.
In this case, to have access to her money if the bank goes out of business is to keep her money in two financial institutions.
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i am making marketing plan for a company can anyone help me in making swot analysis
A SWOT analysis is to determine the strengths as well as the weaknesses, and threats associated with the company.
What is SWOT analysis?SWOT analysis is been carry out in an organizations to develop a full awareness in term of strength and weakness so as to be able to make business decision.
Steps that are required in SWOT analysis are:
Checking external environment.Carry out analysis on industry and competitionKnow the external opportunities and threats.Since the information is not complete, this is a guide on SWOT analysis
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When a real estate professional goes beyond a broad brushstroke approach to a CMA and takes the time to research not only recent sales, but competition and expired listings, what trait are they exhibiting
When a real estate professional goes beyond a broad brushstroke approach to a CMA and takes the time to research not only recent sales, but competition and expired listings, what trait are they exhibiting Diligence.
A taxpayer who owns at least one rental property interest and performs more than 50% of their personal services in real estate trades or companies in which they significantly engage is considered a qualified real estate professional.
Any year in which the taxpayer satisfies both of the following criteria entitles the taxpayer to the status of real estate professional More than half of all trades or enterprises in which the taxpayer meaningfully participated during the tax year engaged in real estate-related trades or activities.
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A work group _______ may be defined as a standard that is shared by group members and that regulates member behavior within an organization.
A work group norms can be defined as a standard shared by the group's members and which regulates the behavior of the members within an organization.
What is the relevance of a company's norms and policies?They are instruments that direct the behavior of employees, providing the set of values, attitudes and rules that must be followed in the work environment so that processes flow correctly and create an organizational culture favorable to cooperation and development.
Therefore, norms help in the standardization of organizational actions, generating the regulation and control of the behavior of the members of a company.
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You just opened a brokerage account, depositing $2,000. You expect the account to earn an interest rate of 8.84%. You also plan on depositing $2,000 at the end of years 5 through 10. What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return
Based on the expected rate of return and the amount to be deposited over the 20 years, the value of the account would be $45,844.
What would the account be worth in 20 years?This can be found as:
= Future value of deposits from 5 through 10 years at 20 years + Future value of today's deposit in 20 years
Solving gives:
= ((2,000 x ( ( 1 + 0.084)⁶- 1 ) / 0.084) x (1 + 0.084)¹⁰) + (2,000 x 1.084²⁰)
= (14,986.05 x 1.084¹⁰) + (2,000 x 1.084²⁰)
= $45,844
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Which of the following accounts would be increased with a credit? Group of answer choices Accounts Payable; Unearned Revenue; Common Stock Cash; Accounts Receivable; Common Stock Dividends; Accounts Receivable; Unearned Revenue Land; Accounts Payable; Dividends
A credit is applied to an Accounts Receivable account.
Because the owner's capital account has a regular debit balance, the owner's equity account is boosted on the debit side.
The sum of money owed to a company for products or services provided or utilized but not yet paid for by customers is known as accounts receivable. These are classified as a current asset on the balance sheet. AR is any amount of money due by clients for credit purchases.
The accounts receivable turnover ratio or days sales outstanding can be used to assess a company's AR strength.
A turnover ratio analysis can be performed to forecast when the AR will be received.
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Franchise companies have typically had ________ systems. duplicated centralized networked decentralized autonomous
Franchise companies have typically had duplicated systems.
What is a franchise?A franchise can be defined as a license which comprises a contractual arrangement between a parent company and another, that allows individuals or an organization access to its knowledge, processes, trademarks so as to provide a product or service.
In this context, we can infer and logically deduce that all franchise companies have typically had duplicated systems around the world.
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If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating at _____.
The blank will be fill by potential output.
Hyperinflation is a highly high and frequently increasing inflation in economics. As the prices of all items rise, the real value of the local currency quickly depreciates. People tend to switch to more stable foreign currencies as a result, reducing their holdings in the original currency.
If an economy is producing at peak sustainable output without generating accelerating inflation, it can be said to be operating at potential output.
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Any information, not paid for or controlled by the seller, about an individual, a product, or an organization that is distributed to the public through the media is called
Any information, not paid for or controlled by the seller, about an individual, a product, or an organization that is distributed to the public through the media is called publicity.
In advertising, publicity is the public visibility or awareness of any product, service, individual, or company. it may also check with the motion of records from its source to most people, regularly through the media
Publicity is media interest in your product, provider, or business. it may include conventional information assets, like news indicates and newspapers, and new media, like podcasts, blogs, and websites.
Exposure is placing your commercial enterprise in front of the general public and media outlets so you can showcase your products, offerings, and company news. The purpose is to attract your target audience individuals and make them aware of your agency so they'll need to interact in enterprise with you.
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The following information is available for Payton Incorporated. At the end of the year, the market price of its common stock is $550 per share. Earnings per share totaled $100 and dividends per share in the amount of $15 were paid during the year. The company's price-earnings ratio is
The company's price - earnings ratio is 5.5.
What is the price-earnings ratio?The price to earning ratio is a financial metric used to value a company. It compares the price of a stock to the earnings of the stock. the higher the metric is, the higher the value of the firm
price to earning ratio (P / E) = market value per share / earnings
550 / 100 = 5.5
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One method that employers could use to pass the costs of a government-imposed minimum wage to their employees would be to Group of answer choices
According to Section 3 of the Minimum wages act, it is the responsibility of the appropriate government to set a specific yardstick. Apart from fixing the minimum rate, the appropriate government shall also conduct periodic reviews within a span of five years of fixing such rates and revise the same if felt necessary.
Minimum wages act
What is minimum wages under Minimum Wages Act?
The Minimum Wages Act 1948 is an Act of Parliament concerning Indian labour law that sets the minimum wages that must be paid to skilled and unskilled labours.
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True or false: this economy is currently at its natural rate of unemployment
Based on the table, we can deduce that this economy is currently at its natural rate of unemployment: True.
The types of unemployment rate.Basically, unemployment rate is divided into various types and these include the following;
Cyclical unemployment rate (CU)Frictional unemployment rate (FU)Structural unemployment rate (SU)Actual unemployment rate (AU)Natural Rate of Unemployment (NU).Based on the table, we can infer and logically deduce that this economy is currently at its natural rate of unemployment because the addition of frictional unemployment rate, cyclical unemployment rate, and structural unemployment rate is equal to the total unemployment as shown below:
TU = 3.9 + 0.0 + 1.1
T.U = 5.0.
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Complete Question:
The following table shows data on frictional, cyclical, structural, and total unemployment for an economy.
Unemployment Type Rate(Percent)
Frictional 3.9
Cyclical 0.0
Structural 1.1
Total unemployment 5.0
True or false: this economy is currently at its natural rate of unemployment?
We may conclude that the unemployment rate in this economy is now at its natural level: True.
What are the Unemployment rates by kind?Generally speaking, the unemployment rate may be broken down into the following categories:
The unemployment rate fluctuates with the economy's ups and downs (CU)
Temporary inability to find work (FU)Structural rate of joblessness (SU)Unemployment in the real world (AU)Jobless Claims Percentage of the Population (NU).This economy is now experiencing its natural rate of unemployment, as indicated in the table below: the sum of frictional, cyclical, and structural unemployment is equal to the overall unemployment rate.
Three hundred and ninety-nine to one.
T.U. = 5.0.
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Nathan Drake is considering borrowing $10,000,000 for 25 years with a loan that has an interest rate of 18.65% p.a. The loan agreement calls for 25 equal annual payments, to be paid at the end of each of the next 25 years (first payment due exactly one year from today). Assuming that Nathan makes the required payment every year for the next 6 years, how much of the sixth payment will go to interest
Answer:
$621,544.68
Explanation:
Because of the wealth effect, a rising aggregate price level _____ the purchasing power of wealth and therefore _____ the aggregate quantity of output demanded.
Because of the wealth effect, a rising aggregate price level "reduces" the purchasing power of wealth and therefore "reduces" the aggregate quantity of output demanded.
What is wealth effect?According to the wealth effect, a behavioural economic hypothesis, customers will spend more money even if their income stays the same.
The effect of wealth effect on aggregate demand is-
People will increase their consumption as their wealth rises. Thus, at lower price levels compared to higher price levels, the consumption component of aggregate demand will be stronger.A person's desire for inexpensive fast food is likely to decline as their income rises, but their desire for more costly steak may increase.To know more about the aggregate demand and aggregate supply, here
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Members of a strategic group Group of answer choices compete directly with members of other strategic groups. earn the same rate of return. move easily to other groups as desired. follow a business model that is similar to that pursued by other companies in the group. are affected by Porter's five competitive forces to the same degree that members of other strategic groups are affected.
A strategic group is a concept used in strategic management that groups companies within an industry that have similar business models or similar combinations of strategies.
Examination of the strategic groups in an industry provides a firm's executives with a better understanding of their closest rivals, reveals alternative paths to success, and highlights untapped opportunities.Learn more about Strategic Group here:
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The Walton family got a great deal on their new home. They bought it for $101,295, and it appraised at $187,000 in a region where assessed value is a percentage of appraised value. Using an assessment ratio of 25%, what is the assessed value of their new home
The assessed value of their new home is $46,750.
Assessed valueUsing this formula
Assessed value=Appraisal amount× Assessment ratio
Where:
Appraisal amount=-$187,000
Assessment ratio=25%
Let plug in the formula
Assessed value=$187,000 × 0.25
Assessed value = $46,750
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Which type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost?.
The type of ma plan is an hmo plan that also covers some benefits out-of-network, generally at a higher cost is: Private Fee-for-Service (PFFS), Medicare Supplement Insurance Plan.
What is medicare advantage plan?Medicare advantage plan can be defined as a health insurance coverage plan that help to cover the medical costs of people under the plan.
The type of Medicare advantage plan that also covers some benefits out-of-network are:
Private Fee-for-Service (PFFS)Medicare Supplement Insurance PlanPreferred Provider Organization (PPO)Point-of-Service (POS) Plan(right)Learn more about medicare here:https://brainly.com/question/1960701
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The debt-to-equity ratio is: Multiple Choice calculated by dividing total liabilities by net worth. calculated by dividing monthly debt payments by net monthly income. determined by dividing your assets by your liabilities. a useless ratio for determining your credit capacity. rarely used by creditors in determining credit worthiness.
The debt-to-equity ratio is calculated by dividing total liabilities by net worth.
What is the debt-to-equity ratio?The debt-to-equity ratio is a financial ratio that is used to determine the credit worthiness of a business. It is determined by dividing the total debt by the total equity. The lower the ratio, the higher the credit worthiness of a business.
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Business-to-business (B2B) customers Multiple Choice never require personal selling, as do consumers. tend to be more rational in their decision making than individual consumers. are more numerous compared to consumer customers. tend to be geographically dispersed, rather than concentrated.
Business-to-business (B2B) customers (C) are more numerous compared to consumer customers.
What are B2B businesses?Business-to-business (B2B) transactions occur when one company conducts a commercial transaction with another. This usually happens when:A company is sourcing resources for their output production process (for example, a food maker purchasing salt), i.e. providing raw material to another company that will produce output.For operational reasons, one company needs the services of another (e.g., a food manufacturer employing an accountancy firm to audit their finances).A company resells items and services manufactured by others (e.g., a retailer buying the end product from the food manufacturer).B2B business requires personal selling.
B2B customers are less rational and more logical.
B2B customers tend to be geographically small.
Therefore, business-to-business (B2B) customers (C) are more numerous compared to consumer customers.
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Correct question:
Business-to-business (B2B) customers Multiple Choice
(A) never require personal selling, as do consumers.
(B) tend to be more rational in their decision-making than individual consumers.
(C) are more numerous compared to consumer customers.
(D) tend to be geographically dispersed, rather than concentrated.
What makes money valuable?
O People counterfeit it.
O It is backed by gold held in government vaults.
People accept it in exchange for goods or services.
O It has many security features.
The features that makes money valuable is because People accept it in exchange for goods or services.
What are the main characteristics of money ?Some characteristics that give money its value includes its portability, durability, divisibility and limited availability.
In general view, the features that makes money valuable is because people accept it in exchange for goods or services.
Therefore, the Option C is correct.
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Answer:
People accept it in exchange for goods or services.
Explanation:
Got right.