Descriptions about simple interest and yearly compounded interest are true are :
Only compound interest has an exponent in its formula.Simple interest is only earned on the original principal investment.Compound interest is earned on principal and interest.What is simple interest and compound interest?Simple interest is the one that the calculation is based on principal, or of a loan.
Compound interest is base on principal amount as well as the accumulated interest of previous periods.
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Tomatoes are an input in the production of salsa. If the price of tomatoes rises sharply, this will cause:
Answer:
It will lead to the increase in the price of salsa , a situation known as inflation .
Explanation:
Inflation is the rise of price of products , as a result of many factors including production cost which is the case in this scenario.It is usually timely and may affect the cost of living in a country .
It may be as a result of ;
Demand pull inflation Cost push inflation (which is the case in our illustration)Built in inflation
Demand surge , causes inflation if the consumers are willing to pay more for the product .Other factors such as the rise in the wages of the employees in the production field together with the rise in the prices of raw materials can be a huge cause for inflation .
(The) __________ is the adaptable tool used to create and deliver appealing combinations of appealing values along with meaningful and persuasive marketing messages.
(The) marketing mix is the adaptable tool used to create and deliver appealing combinations of appealing values along with meaningful and persuasive marketing messages.
What is marketing mix?The marketing mix, involves the integration of all the process of marketing.
It include pricing of commodity and promotion of the commodity for sale at a particular place.
Therefore, the marketing mix is the adaptable tool used to create and deliver appealing combinations of appealing values along with meaningful and persuasive marketing messages
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The marketing mix fits the description of an adaptable tool used by marketers to achieve their objectives.
Marketing mixThe marketing mix consists of the following elements:
product,price,place,promotion, and people.A careful mixture of these elements by a marketer can be used to create and deliver appealing and persuasive marketing messages.
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Market and Market Research
Exercise #2
Having just talked to the management team about why marketing is important, you now want to conduct some secondary research into the computer industry and primary research into consumers’ needs, views and wants.
Exercise:
Using the internet find some secondary information on the computer industry within your country or a country of your choice. See if you can find two pieces of information:
1.Market share of computer manufacturers within your country.
2. The value of the computer industry within your country.
A) Having found this information, list why you think it is important for MJA, Inc. to have both sets of data?
Primary Research
Your company needs to find out more about the potential of computer users.
B) What primary research methods are appropriate to find out about the needs of computer users. What are the advantages and disadvantages of each?
C) Why is it important for MJA, Inc. to conduct both primary & secondary research?
1. Dell is the market leader in the United States, followed by HP Inc., while Lenovo and Apple, who are ranked third and fourth, respectively. 2. Manufacturers determine the worth of the domestic computer industry.
A. The information will support management decisions and give a sense of how competitive the market is. B. Interviews with staff members and dilemmas are the main techniques. C. Primary and secondary research are both critical for a business.
What is marketing?
The practice of a business of promoting the purchase and sale of goods and services is referred to as “marketing.” Promotion, publicity, and advertising make up marketing.
1. The two businesses, who hold a combined market share of more than 50%, are Dell and HP Inc., who also hold the second- and third-place spots in the U.S. PC market, respectively. 2. The sum of PC sales from all manufacturers represents the industry's value.
A. The information will support management decisions and give a sense of how competitive the market is. Market share data will assist the firm in choosing a goal that is doable.
B. Merit is inexpensive, and demerit isn't always the right information in ambiguous situations. The merit of a hiring interview can be quickly evaluated, whereas the demerit is expensive.
C. Secondary research is a base of choice, while primary research is the primary need.
Hence, the significance of the market research is aforementioned.
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When giving his report, Cranston tells the division vice president that the project will be completed on time but fails to tell her that it will come in way over budget. What communication pitfall is taking place?
The communication pitfall that is taking place is inconsistent messages.
Diverse components of an inconsistent message signify contradicting referents, whereas information offered by various components of a consistent message is redundant.
Consistency shapes both the appearance and feel of the messaging as well as the tone and manner of the online and offline experience, allowing people to acknowledge the company and brand when they view the material.
Inconsistency reduces the credibility of the person thereby resulting in lowering the trust level of the upper management in delegating the task to the person. Inconsistent messages are not appreciated in any organization, these are considered to be very bad. Managers consider those person who are consistent with the messages that they convey and achieve them.
Therefore, the answer is inconsistent messages.
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Standard costs may be used as a management tool to control costs by a.controlling these costs separately. b.either including standard costs and variances in the general ledger or controlling these costs separately. c.excluding standard costs and variances in the general ledger. d.including standard costs and variances in the general ledger.
The correct option is, (b) either including standard costs and variances in the general ledger or controlling these costs separately.
What is standard cost variance?The difference between a standard cost and an actual cost is known as a standard cost variance. When a materially negative variance occurs, management takes appropriate action to address the situation. This variance is used to track the expenditures incurred by a company.What is meant by standard cost?The planned cost of a typical manufacturing process is the benchmark against which actual costs are measured. Of course, the initial standard costs will need to be estimated if a new good, service, or process is to be used.What is the purpose of standard costing?By establishing benchmarks for manufacturing costs and performance, standard costing seeks to reduce waste and boost operational efficiency. Standard costing is not a distinct way of product costing; rather, it is a control mechanism.Learn more about standard costing here:
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Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is ______.
Blog Inc., has net sales of $50,000, cost of goods sold of $30,000, and selling expenses of $5,000. Its gross profit is $20,000.
What is gross profit?Gross profit is the profit of a company or an entity after subtracting all the costs that are related to manufacturing and selling its products or services.
Explanation:- Gross Profit = (Net Sales – Cost of Goods Sold)
= ($50,000- $30,000)
= $20,000
Hence, the gross profit of the Blog Inc., would be $20,000.
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Tom is the CEO of Endless Possibilities Inc. and proudly boasts his firm's slogan, We Guarantee Success! However, Tom's constituents presented him with data on their latest project which suggests that they should not move forward. Tom, undeterred with this data, decides that he will still accept the project because he believes that he can't lose. This is a classic example of
This is a classic example of managerial hubris.
What is managerial hubris?Managerial hubris is the delusion that managers at bidding firms can handle a target company's assets more effectively than the target company's current management. One reason a manager could decide to invest in a merger that often yields no profits is managerial hubris.
What's an illustration of hubris?It denotes excessive pride and arrogance. Although a character may experience this internally, it usually manifests in their behaviors. A politician who decides not to campaign because he believes he is too well-liked to lose an election might be a contemporary, real-life illustration of hubris.
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If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed held the money supply constant, then the two policies together would generally lead to ______ income and a ______ interest rate.
If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed held the money supply constant, then the two policies together would generally lead to option(a) i.e, lower income and a lower interest rate.
What is a budget deficit?When ongoing expenses are higher than regular operating revenue, a budget deficit results. Budget deficits may result from specific unforeseen circumstances and initiatives. Tax increases and spending reductions are two ways that nations might deal with budget problems.
Inflation, or the ongoing rise in prices, is one of the main threats posed by a budget deficit. A budget deficit in the US may lead to the Federal Reserve releasing more money into the economy, which fuels inflation. Year after year, ongoing budget deficits may result in inflationary monetary policy.
The relationship between deficits and interest rates is more clearly demonstrated when the deficits are used to fund government spending than by tax reductions. If tax cut recipients save part of the money they receive from the tax cut, the impact of the tax cut on interest rates should be minimized.
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The complete question is:
If Congress passed a tax increase at the request of the president to reduce the budget deficit, but the Fed
held the money supply constant, then the two policies together would generally lead to ______ income and
a ______ interest rate.
a) lower; lower
b) lower; higher
c) no change in; lower
d) no change in; higher
increased global trade caused both economic development and population growth in cities - especially port cities. How did this urban growth affect rural economies
Better integration between urban and rural areas is crucial for the socioeconomic performance of both places because they each have unique and frequently complimentary strengths.
How did urban growth affect rural economies?In order to meet coastal demand, Indian farmers started producing more cotton; farmers and landowners in Western Europe invested in raising food production; and English landowners changed their relationship with those who plowed and harvested their fields by paying them wages rather than using sharecropping agreements.
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wWhich category are these in? tell me if its: Operating, Investing, Financing, or noncash.
1. _____ Purchase of equipment for cash.
2. _____ Payment of employee salaries.
3. _____ Collection of cash from customers.
4. _____ Cash proceeds from a note payable.
5. _____ Purchase of common stock of another corporation for cash.
6. _____ Issuance of common stock for cash.
7. _____ Sale of equipment for cash.
8. _____ Payment of interest on note payable.
9. _____ Issuance of bonds payable in exchange for land and building.
10. _____ Payment of cash dividends to shareholders.
11. _____ Payment of principal on note payable.
1. —Purchase of equipment for cash is an investing activity.
2. -- payment of employee salary is an operating activity.
3. — Collection of cash from customers also an operating activity.
4. —cash proceed from a note payable is a financing activity.
5. — purchase of stock of another entity is an investing activity.
6. —Issuance of common stock for cash is a financing activity.
7. —sale of machinery for cash is an investing activity.
8. —payment of interest on a note payable is an operating activity.
9. —issuing bonds in exchange for real estate and buildings is a non cash transaction.
10. —payment of cash dividends to shareholders is a financing activity.
11. — Paying off a note's principal is a finance activity.
What is investment activity?Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity. If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.Operating Activities: What Are They?The tasks a company performs that are directly relevant to offering its products and/or services to the market are referred to as operating activities. A product or service is manufactured, distributed, marketed, and sold. These are the company's primary commercial activities.what is financing activity?Transactions involving debt, stock, and dividends are considered financing activities. The cash flow from financing section includes information on debt and equity financing, which varies depending on the capital structures, dividend practices, and debt conditions that particular organizations may have.Non-cash transactions: What are they?Investing and financing-related transactions that don't employ cash or a cash equivalent are known as non-cash transactions. A business engages in a non-cash transaction when it makes a purchase or incurs a cost but does not pay cash for it; instead, the company signs a promissory note or assumes the repayment of an existing loan.learn more about Operating, Investing, Financing, or non cash
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For the year ended December 31, Depot Max's cost of goods sold was $56,900. Inventory at the beginning of the year was $6,540. Ending inventory was $7,250. Compute Depot Max's inventory turnover for the year.
Depot Max's inventory turnover for the year is 8.3
Given
Cost of goods sold = $56900
Begining Jovenstory = $6540
Ending Inventory = $7250 .
Average inventory = opening inventory + closing inventory / 2
= $6 540 + $-7250 / 2
Average inventory = $6895
cost of goods old
.: Inventory turnover = cost of goods sold / Average inventory
56900 / 6895
= 8. 252 times
He Depot Max's Inventory 8.3 times (approx ).
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The Bank of Dallas has excess reserves of $30 million, deposits of $180 million, and the required
reserve ratio is 10%.
a.
What is the value of this bank's total reserves?
b. How much money is invested in loans and bonds?
The Bank of Dallas has excess reserves of $30 million, deposits of $180 million, and the required reserve ratio is 10%. $48 million is the value of this bank's total reserves. $30 million is invested in loans and bonds.
Here, reserve required to be maintained is $180*10% = $18million. Given the excess reserve is $3o million. Therefore, the total value of this bank reserve is $48 million. And the excess reserve i.e. $30 million should be invested in loans and bonds.
Bank reserve are calculated by multiplying its total deposits by the reserve ratio. Therefore $18 million should be reserve required. And excess should be invested in loans and bonds.
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When the central bank decides to increase the discount rate, the: money supply increases. interest rates decrease. interest rates are unaffected. interest rates increase.
The correct option is D). interest rates increase.
What happens when the central bank increases or reduces the discount rate?When the central bank increases the discount rate, there will be a decrease in the amount of reserves in the banking system.
If central bank decrease the discount rate, then it will be cheaper for commercial banks to borrow money.
Basically, When the central bank decides to increase the discount rate then the interest rates increase.
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When a manager gives people the opportunity to use their skills and abilities to the fullest extent possible, the ________ needs of people at work are satisfied.
When a manager gives people the opportunity to use their skills and abilities to the fullest extent possible, the self-actualization needs of people at work are satisfied.
What is self-actualization?Self-actualization according to Maslow's hierarchy of needs, serves as the stage where personal potential is fully attained.
This can be prove When a manager gives people the opportunity to use their skills and abilities to the fullest extent .
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Customers drive away after failing to find a place to park at a supermarket. The current process is _________
Capacity constrained; It is a process or a situation when an institution fails to accommodate its customers and their belongings in the capacity available.
More about Capacity constrained:
Bottlenecks, sometimes referred to as capacity restrictions, are areas or steps in your operation that move more slowly than others. A capacity limitation can be compared to a bottleneck because, just like with a bottle of milk, only a certain amount of milk can flow through the bottle's neck at once, regardless of how big the remainder of the bottle is.
Capacity constraints are a common problem, and there are many ways around this issue. One tried and true approach that many companies use was proposed by Eliyahu Goldratt in his book “The Goal.”
Complete question:
Customers are driving away after failing to find a place to park at a supermarket. The process currently is:
a. Capacity constrained.
b. Demand constrained.
c. Supply exceeds demand.
d. Capacity unconstrained.
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Establishing a Mrs. Fields Cookies franchise inside a Hardees fast-food franchise is an example of ________ franchising
According to the research, the strategy of establishing a Mrs. Fields Cookies inside a Hardees fast-food franchise is an example of co-branding franchising.
What is co-branding franchising?It is the strategy that two certain franchises take in order to increase their profitability by marketing one or more products or services.
It involves the establishment of some kind of working relationship between the franchises, where the costs are generally divided between both parties, allowing the reach and influence of both brands to be increased.
Therefore, we can conclude that according to the research, the strategy of establishing a Mrs. Fields Cookies inside a Hardees fast-food franchise is an example of co-branding franchising.
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The ________ finances the export activities of companies in the United States and offers insurance on foreign accounts receivable.
The Export-Import Bank finances the export activities of companies in the United States and offers insurance on foreign accounts receivable.
Export-Import BankA federal organization called the Export-Import Bank of the United States (EXIM) offers a range of resources to support the export of American products and services. The Bank's goal is to finance the selling of American exports to foreign customers in order to create and maintain jobs in the United States. EXIM provides solutions like buyer financing, export credit insurance, and working capital access to American exporters and their clients. Second, EXIM offers buyer finance to match or compete with the financing provided by over 96 ECAs throughout the world when U.S. exporters face foreign competition supported by other governments.\To learn more about Export-Import Bank refer to:
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How can a country tell if it is operating at full potential?
Answer:
The maximum amount of goods and services an economy can turn out when it is most efficient.
A tax on sellers shifts the: demand curve to the right. supply curve to the right. demand curve to the left. supply curve to the left.
A tax on sellers shifts the supply curve to the left. The correct option is option 'D'.
If the tax is imposed on sellers.
This means that the sellers will have to increase the cost of producing the products.
Which would lead to a decrease in the number of profits they would receive from selling a product.
Therefore, fewer and fewer sellers will produce goods with high costs and low profits.
Therefore, this would ultimately lead to a decrease in the quantity supplied by the producer even when there is no change in the price of the product.
This will result in an upward (leftward) shift in the supply curve.
Hence, if the tax is imposed on the supplier supply curve shifts toward the left.
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_____ is a strategic-management tool that helps an organization take stock of its internal characteristics and assess the external environmental conditions.
SWOT is a strategic-management tool that helps an organization take stock of its internal characteristics and assess the external environmental conditions.
What is SWOT?A SWOT means strengths, weaknesses, opportunities, and threat. It is a tool, used by management of an organization to analyze factors that are internal and external, which could affect them negatively.
The purpose of SWOT is to assist identify the internal and external factors that could pose as threats to an organization.
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Torch Industries can issue perpetual preferred stock at a price of $53.50 a share. The stock would pay a constant annual dividend of $4.50 a share. What is the company's cost of preferred stock, rp
The company's cost of preferred stock is $0.084 or 8.4%.
What Are Stocks?A stock usually referred to as equity, is a type of investment that denotes ownership in a portion of the issuing company. Shares, also known as units of stock, entitle their owners to a share of the company's assets and income in proportion to the number of shares they possess.
[tex]cost of preferred stock=\frac{annual dividend }{price of stock}[/tex]
[tex]cost of preferred stock =\frac{ 4.50}{ 53.50}[/tex]
cost of preferred stock = $0.084
cost of preferred stock = 8.4%
Hence, the company's cost of preferred stock is $0.084 or 8.4%.
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Naomi is a market researcher for her company, which designs and manufactures carpets and rugs. She travels globally to conferences and trade shows to track current trends in her industry. During one trip, Naomi learns about a new dye technique that results in more resilient color at a lower cost. She brings the relevant information back to her team and other experts in her company to discuss the feasibility of implementing this technique in their products. Which competitive force has Naomi capitalized on to benefit her company's manufacturing processes
The answer is, Rivalry among existing competitors.
Rivalry among current rivals is high when numerous rivals occupy the same position in the market, and is low when there are few rivals.Companies are continuously looking for ways to differentiate their services and goods from those of competitors, or at the very least, to reduce the benefits of that competitors' services or products. When new technologies arise that could give a competitor an advantage in the market, this is a crucial factor to take into account.What is rivalry among existing competitors?Competitive rivalry is a gauge of how fiercely existing firms compete with one another. Competitive activities like price lowering, higher advertising costs, or investing on service/product innovation and improvements can reduce profits and foster competition.What are the 3 types of rivalry?James Mark Baldwin identified three basic categories of competition in his 1902 Dictionary of Philosophy and Psychology: biological rivalry, personal or conscious rivalry, and economic and industrial rivalry.Learn more about Rivalry among existing competitors here:
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The wood shop generates $. 97 in sales for every $1 invested in total assets. Which one of the following ratios would reflect this relationship?.
Answer:
Total asset turnover
Explanation:
b
Think of the simple quantity theory of money in the AD-AS framework. In that framework, the AS curve is a.horizontal. b.upward-sloping. c.kinked at Natural Real GDP. d.vertical. e.downward-sloping.
In the simple quantity theory of money in the AD-AS framework, the AS curve kinked at natural real.
What is AS curve or Aggregate Supply Curve?The amount of real GDP that the economy produces at various price levels is represented by the aggregate supply curve. The methodology used to build the supply curve for all products and services is different from the methodology used to build the supply curve for individual goods and services. It is assumed that input prices will remain constant when calculating the supply curve for a certain good.The price level, however, defines the aggregate supply curve. As the price level rises, producers will be able to charge more for their goods, which will stimulate production. However, a price increase will also have a secondary effect that will eventually result in an increase in input prices.To learn more about the Aggregate Supply Curve refer to:
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If the german automobile manufacturer, volkswagen, builds a new factory to produce volkswagens in pennsylvania, which component of gdp would be affected?
The component of GDP that includes net exports and business investment will be affected If the German manufacturer builds a new factory to produce volkswagens in pennsylvania.
What are components of gross domestic product?In economics, the components of gross domestic product includes the personal consumption, business investment, government spending and net exports.
Hence, the component of GDP that includes net exports and business investment will be affected by the decision.
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An investor buys a $100,000, 10% corporate bond maturing in 2032 for $125,000. The bond is callable starting in the year 2022. What is the most appropriate measure for calculating yield
The best measure for calculating yield that the investor can use for the bond is C. Yield to Call.
What is Yield to Call?The bond is a callable bond which means that there is a chance the issuer will call it if interest rates drop too low.
The fact that the bond was purchased at the premium (price higher than par) means that interest rates are low so there is a good chance of the bond being called.
The investor should therefore use the yield to call which would take into account the possibility of the bond being called.
Options for this question include:
A. Total Return
B. Current Yield
C. Yield to Call
D. Yield to Maturity
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Suppose the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The government is engaging in a(
When the government cuts taxes to keep the economy's cyclically adjusted budget in balance when the economy is expanding. The government is engaging in "neutral fiscal policy".
What is neutral fiscal policy?When a government choice to tax, spend, or borrow has, or is meant to have, no overall impact on the economy, the action is considered fiscally neutral. Changes in policy can be viewed as neutral in terms of either their macroeconomic, microeconomics, or both effects.
fiscal neutrality occurs when taxes and government spending have no net effect-
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When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company Group of answer choices increased speed. reduced costs. increased productivity. improved quality. reduced destructive internal competition.
When Men's Wearhouse fired a salesperson who wasn't sharing walk-in customer traffic, and total clothing sales volume among all salespeople increased significantly, the company reduced destructive internal competition.
What is a destructive competition?Multiple producers being driven out of the market by competition.When there are numerous manufacturers of a good, prices are frequently driven down to the point that nobody makes a profit, which is when destructive competition takes place.What do you mean by internal competition?The aforementioned components are the foundation of our concept of internal competition, which is senior management-sanctioned duplication or overlap of activity within the firm's boundaries in an effort to resolve market or technology uncertainties.Is competition is constructive or destructive?However, competition can really be divided into two types: healthy competition and unhealthy competition. Two competitors may work better together or may just cause mutual stress, similar to waves crashing into one another to create a larger wave.
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Suppose there are only three firms in a market. The largest firm has sales of $500 million, the second-largest has sales of $300 million, and the smallest has sales of $200 million. The market share of the largest firm is HINT: Know How to Calculate Market Share (Market Share of the Largest Firm in this Problem). Group of answer choices None of the Answers are Correct. 60 percent 50 percent 40 percent 100 percent
The Correct Answer is - Option (2) 50 Percent
According to question , We are given.
There are only three firms in a market.The largest firm has sales of $500 million.The second-largest has sales of $300 million.The smallest has sales of $200 million.As we know:
Total sales of the largest company = $500 million.
Total sales of the market = Sales of largest firm + Sales of second largest firm + Sales of smallest firm.
Total sales of the market
⇒ $500 million + $300 million + $200
= $1000 million
Market Share = Total sales of the firm/total sales of the market × 100
⇒ 500/1000 × 100
= 50 %
Therefore, Market Share of the largest firm is 50%
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Correct Question - Suppose there are only free firms in a market. The largest firm has sales of $550 million, the second largest has sales of $300 million, and the smaller has sales of $200 million. The market share of the largest firm is
1) 60 percent
2) 50 percent
3) 40 percent
4) 100 percent
Which of the following are duties of the Federal Reserve System?
(Choose 5)
Group of answer choices
Acts as the government’s bank
Maintains currency
Provides investment advice to savers
Sells mortgages to borrowers
Conducts monetary policy
Provides credit cards to consumers
Supervises banks
Maintains the payment system
The Federal Reserve System performs several critical duties to fulfill its role as the central bank of the United States. The five duties among the options are as follows.
Acts as the government's bank: The Federal Reserve handles various financial transactions and services for the U.S. government such as processing payments, issuing and redeeming government securities.
Maintains currency: The Federal Reserve ensures that currency is readily available to meet the public's demand for cash.
Conducts monetary policy: The Federal Reserve formulates and executes monetary policy to achieve stable prices, maximum employment and moderate long-term interest rates.
Supervises banks: The Federal Reserve oversees and regulates banks to promote a safe and sound banking system.
Maintains the payment system: The Federal Reserve operates key payment and settlement system which is facilitating the smooth and secure transfer of funds among financial institutions, supporting the functioning of the overall economy.
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