Inversely related. In an inverse connection, lower costs lead to high quality demand while higher prices lead to reduced quantity demand.
Why is the law of supply and demand so crucial?According to the rule of demand, which is a cornerstone of economics, customers will demand fewer units of a good at a higher price.
The total quantity demanded across all market consumers at each price is expressed by a market demand curve. Although price changes can be seen as movement along a demand curve, they do not by themselves cause an increase or reduction in demand. When demand changes, this curve's location or form shifts, reflecting a movement in the underlying pattern of consumer demands and wants and the means available to meet them.
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The practice of mailing advertisements only to the most likely prospects is called:.
Targeted Direct Mail is the Answer:
Explanation:
5. Groceries are considered what type of an expense?
Answer:
Fixed
Explanation:
Answer:
Necessary expense
Explanation:
You kinda need food to live
who wants to vc wit me im depressed
When someone you care about is depressed, giving advice or wisdom may be something you do with only good intentions in mind.
So, yes Video calling would be a good option.
The straightforward definition of depression?Mental disorders like depression are rather thing. It is believed that 5% of individuals worldwide experience this condition. It is characterized by enduring unhappiness and a loss of interest or pleasure in formerly rewarding or delightful activities. It may also between with appetite and sleep.
What is the modern term for depression?Depression, now known as major depressive disorder or clinical depression, is a common but dangerous mood disease. It creates bad symptoms that interfere with your ability to function on a daily basis, including sleeping, eating, and working.
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Yvonne authorizes Warren to act as her agent and sell her vehicle. Yvonne tells Warren her vehicle has never been in an accident, and Warren, despite knowing Yvonne had been in an accident a year ago in the car, passes this information on to the buyer. Is Warren liable for the misrepresentation:__________
Answer:
no
Explanation:
because he does something that he don't know what will happen ..and do not research for someone who want to hers car
Wants can also be considered which of the following?
Answer:
What are the answer choices
even though firms in competitive price-searcher markets do not produce at minimum atc, competitive price-searcher markets may still be consistent with economic efficiency because
Firms are known to be free to set price and also to face strong competitive pressure. Competitive price-searcher markets may still be consistent with economic efficiency because they provide consumers with a greater diversity of products.
Firms in competitive price-searcher markets that has a small entry obstacles often face a downward sloping demand curve. Competition often exists from existing firms and new rivals.
Firms that exist in a perfectly competitive market are known to be price takers due to the fact that once the market determines an equilibrium price for the product, firms need to accept the stated price.
For an individual to sell a product in a perfectly competitive market, one must just be happy with the price.
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Maya is concerned about her credit problems and is worried
about the debt she's accumulated throughout college. Which
of the following strategies is the most advisable for Maya?
automatically apply for bankruptcy
immediately consolidate her loans
look for a reputable credit counselor
Answer:
C!
Explanation:
Debts are often referred to as money owed by individuals and they have no way to pay for it. The
best strategy that is the most advisable for Maya is to look for a reputable credit counselor
A credit counselor often tells an individual the right steps to take concerning any credit be it debt or any other things.If you can't make a payment or meet the options given, it is better to discuss payment options, contact your lenders to explain your situation or a credit counselor.
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Which statement best explains the decrease in manufacturing jobs over the next few years?
1)There is not enough demand for manufactured goods.
2) These jobs are often outsourced to overseas factories.
3)There are not enough skilled workers to fill the positions.
4)The cost of technical training and on-the-job training is high.
Answer:
2) These jobs are often outsourced to overseas factories.
Explanation:
The correct option is B. These jobs are often outsourced to overseas factories which best explains the decrease in manufacturing jobs over the next few years.
What is the effect of outsourcing jobs?Outsourcing jobs enables American businesses to compete more effectively on a global scale. With abroad branches, they are able to sell to foreign markets. By employing in developing nations with lesser standards of living, they maintain low labor prices. As a result, the prices of the commodities they ship back to the US are reduced.
Production outsourcing has significant effects on labor and material costs, with a tendency to drive up material costs and drive down labor costs. This study also demonstrates that process techniques do not moderate the impact of high levels of supplier integration on total COGS.
The best choice is B. The loss in manufacturing jobs over the next years can be best explained by the fact that these positions are frequently outsourced to manufacturers in other countries.
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A reduction in government borrowing can:
Question 19 options:
a)
decrease the incentive to invest.
b)
increase the interest rate.
c)
crowd out private investment in human capital.
d)
give private investment an opportunity to expand.
If the state of Washington's government collects $75 billion in tax revenues in 2013 and total spending in the same year is $74.8 billion, the result will be a:
Question 20 options:
a)
budget deficit.
b)
budget surplus.
c)
decrease in payroll tax.
d)
decrease in proportional taxes.
A reduction in government borrowing can: giving private investment a chance to grow. The borrowing of the national government has the biggest effect, although borrowing by inferior units may also have an impact.
Only borrowing from the private sector of the economy—from people, businesses, and different financial institutions, including banks—is considered government borrowing in the strict sense. Since the purchasing power is created by the central bank and no obligations to the general public are created, when the government obtains its funds from the central bank (the Bank of England, the Bank of Italy, the Bank of Japan, or the Federal Reserve System in the United States), it is actually creating money rather than borrowing it. When a government borrows money, the lender transfers money to the borrower in exchange for government securities.
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List 3 responsibilities that a consumer has when making a purchase.
Answer:
check receipt, know the return policy, read the fine print
Explanation:
Welcome
the primary objective of growth mutual funds is capital appreciation with a high level of current income
The primary objective of growth mutual funds is capital appreciation. These funds are designed to invest in companies or sectors that have the potential for significant growth in value over time.
The focus is on increasing the value of the investment through capital gains rather than generating current income.
While some growth funds may provide a moderate level of current income through dividends or interest payments, the emphasis is on long-term growth rather than immediate income generation. Investors in growth funds typically seek to benefit from the appreciation of the fund's underlying assets, aiming for higher returns over the long run.
The high level of current income is not the primary objective of growth mutual funds, as they prioritize the potential for capital appreciation. It is important for investors to consider their investment goals and risk tolerance when choosing mutual funds to align with their financial objectives.
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question one please. thank you
Answer:
companies like Nike Inc have mission statements to attract the attention of the public .. thereby making it more easy to sell their products in the market
first come first serve
Answer:
hiiii
thanks for the free points
Answer:
hi hello
Explanation:
:) :) :):) :) :) :)
Who watches Riverdale ? if you do can we be friends(pLEASE DON'T DELETE) and also who is your fav character from Riverdale
Answer:veronica
Explanation:
sure
Answer:
yes i love riverdale my fav character is cheryl or betty
Explanation:
The supply and demand for hazelnuts are given by QD = 9000 – 15P and QS = 10P, where P is price per bag (in pence) and Q measures bags per day. (It would be useful to illustrate the factors noted in a demand and supply diagram to make aspects clearer to see).
a) What is the equilibrium price and quantity?
b) Calculate consumer and producer surplus
c) Suppose the government imposes a price floor of 400p per bag. Is there a shortage or surplus of peanuts and, if so, what is the size?
d) Calculate consumer and producer surplus with the price floor.
e) What is the size of the deadweight loss?
To find the equilibrium price and quantity, we need to set the quantity demanded equal to the quantity supplied:
Quantity Demanded (QD) = Quantity Supplied (QS)
9000 - 15P = 10P
Simplifying the equation:
25P = 9000
P = 9000/25
P = 360 pence
To find the equilibrium quantity, we substitute the equilibrium price back into either the demand or supply equation:
QD = 9000 - 15P
QD = 9000 - 15(360)
QD = 9000 - 5400
QD = 3600 bags per day
Therefore, the equilibrium price is 360 pence per bag, and the equilibrium quantity is 3600 bags per day.
b) Consumer surplus is the area above the equilibrium price and below the demand curve, while producer surplus is the area below the equilibrium price and above the supply curve. To calculate consumer and producer surplus, we need to find the areas under the demand and supply curves up to the equilibrium quantity.
Consumer Surplus:
Consumer Surplus = (1/2) * (QD at equilibrium) * (Price at equilibrium - Price at 0 quantity)
Consumer Surplus = (1/2) * 3600 * (360 - 0)
Consumer Surplus = 648,000 pence
Producer Surplus:
Producer Surplus = (1/2) * (QS at equilibrium) * (Price at equilibrium - Price at 0 quantity)
Producer Surplus = (1/2) * 3600 * (360 - 0)
Producer Surplus = 648,000 pence
c) If the government imposes a price floor of 400p per bag, we need to check if this price floor is above or below the equilibrium price.
The equilibrium price is 360p per bag, and the price floor is 400p per bag.
Since the price floor is above the equilibrium price, there will be a surplus of peanuts.
The size of the surplus can be found by subtracting the quantity demanded at the price floor from the quantity supplied at the price floor:
Quantity Demanded at 400p = 9000 - 15(400) = 9000 - 6000 = 3000 bags per day
Quantity Supplied at 400p = 10(400) = 4000 bags per day
Surplus = Quantity Supplied at 400p - Quantity Demanded at 400p
Surplus = 4000 - 3000 = 1000 bags per day
Therefore, there is a surplus of 1000 bags per day.
d) To calculate consumer and producer surplus with the price floor, we need to find the areas under the demand and supply curves up to the price floor quantity.
Consumer Surplus:
Consumer Surplus = (1/2) * (Quantity Demanded at 400p) * (Price at equilibrium - Price at 0 quantity)
Consumer Surplus = (1/2) * 3000 * (360 - 0)
Consumer Surplus = 540,000 pence
Producer Surplus:
Producer Surplus = (1/2) * (Quantity Supplied at 400p) * (Price at equilibrium - Price at 0 quantity)
Producer Surplus = (1/2) * 4000 * (360 - 0)
Producer Surplus = 720,000 pence
e) Deadweight loss refers to the loss of economic efficiency due to market distortion. In this case, the price floor creates an inefficient allocation of resources, resulting in deadweight loss. The deadweight loss can be calculated by finding the triangle area between the demand
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Imagine you work in a factory that produces several types of bicycles. A county bureaucrat delivers a report listing numbers, types, and prices of bicycles the factory should make for the upcoming season. Which kind of economic system is this most likely to be? Explain
The economic system depicted in this example is a Command Economy since the government determines the production decision.
What is a command economy?A command economy is an economic system in which the following characteristics are prevalent:
Means of production are publicly owned.Economic activity is controlled by a central authority.Quantitative production goals and raw materials are allotted.A command economy is different from a:
Market EconomyTraditional EconomyMixed Economy.Thus, the economic system depicted in this example is a Command Economy since the government determines the production decision.
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What is the purpose of business law and why is there a need for it?
Answer:
So the money isn’t fraud or stolen/illegal
Answer:
Businesses are motivated by wanting to make money. That money needs to be legal and known that its for profit motived and not stolen
PLZ HELP: FIND THE PROFIT
Fixed costs are £26,000 per year, and variable costs include wages at £10 per
unit, raw materials at £12 per unit and delivery/packaging at £3 per unit. It is expected that a business will make and sell 750 units during the year, with
a selling price of £26.
Answer:
Net loss -£25,250
Explanation:
The computation of the profit is shown below:
Sales (750 units × £26) £19,500
Less: Variable cost (750 units × £25) £18,750
Contribution margin £750
Less: Fixed cost £26,000
Net loss -£25,250
The £25 could be calculated below:
= £10 + £12 + £3
= £25
Basically applied the above format
What is your credit score based on
Answer:
FICO Scores are calculated using many different pieces of credit data in your credit report. This data is grouped into five categories: payment history (35%), amounts owed (30%), length of credit history (15%), new credit (10%) and credit mix (10%).
Explanation:
The commute times for the workers in a city are normally distributed with an unknown population mean and standard deviation. If a random sample of 27 workers is taken and results in a sample mean of 22 minutes and sample deviation of 3 minutes, find a 95% confidence interval estimate for the population mean using the student's t-distribution.
If the commute items for the workers in a city are normally distributed with an unknown population mean and standard deviation. Using the student's t distribution 95% confidence interval for the sample mean is 20.8129 and 23.1870
To calculate a 95% confidence interval.
Given Data
size n = 27 , sample mean = 22 , standard deviation = 3.
Here the 95% CI is given as,
× ± t*s/\(\sqrt{n}\)
t{(n-1),\\(\alpha\)}=t_{(27-1),0.05} = 2.056
(22± 2.056*3/\sqrt{27})
(22- 2.056*3/√27, 22+ 2.056*3/\sqrt{27})
( 22 - 1.1870 , 22 + 1.1870)
( 20.8129 , 23.187)
Thus , 95% confidence interval for sample mean is ( 20.8129 , 23.1870).
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TRUE / FALSE.
Question 14 1 points Save Answer Corporate VMS is a vertical marketing system that coordinates stages of production and distribution through the size and power of one of the parties. O True O False Question 15 1 points Save Answer ASDA supermarket places its store brand corn flakes cereal (priced at £0.53) next to Kellogg's corn flakes (priced at £1.89) to emphasize the cost saving customers can get by buying its private brand products. The pricing strategy used in this example is reference-based pricing. O True O False
Question 14: False. Corporate VMS is a vertical marketing system where a single entity controls multiple stages of production and distribution, leveraging its size and power.
Question 15: False. The pricing strategy used in this example is not reference-based pricing. It is an example of price positioning or price comparison strategy, where the store brand is placed next to a higher-priced brand to emphasize the cost savings. Reference-based pricing typically involves setting prices based on a reference point, such as the manufacturer's suggested retail price or a competitor's price.
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say hi and i give u 94 ranking points
hi rtgijriomcfrcrecgtrcgetrgretrtrct
Answer:
hi
Explanation:
Aa jaaaaaao not for bad
grxogypnpq
An associate broker terminates with a broker. The employing broker refuses to turn the license over to the Commission. Which of the following is true?
a. Automatic fine for the Employing Broker
b. The Employing Broker may be subject to disciplinary action
c. Employing broker's license is immediately suspended
d. Both associate and employing brokers may have their licenses canceled
Answer:
d. Both associate and employing brokers may have their licenses canceled
Which method of calculating inventory cost allows a business to store
inventory without indicating which batch it belongs to?
A. weighted average method
B. last in, first out (LIFO)
C. first in, first out (FIFO)
D. weighted average sales price method
first in, first out (FIFO) method of calculating inventory cost allows a business to store inventory. Inventory refers to all of the items, goods, commerce, and materials held by a company for the purpose of reselling in the market for a profit.
For instance, if a newspaper seller uses a vehicle to deliver newspapers to consumers, only the newspaper is considered inventory. The automobile will be considered an asset FIFO. The inventory is classified as an asset on the university's balance sheet. The inventory can be any physical property, merchandise, or other sales items that are retained for the future resale.
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Mr. Coffey bought a house for $195,000. He made a 20% down payment. The interest
rate is 5.25% for 30 years. Use the loan payment calculator to answer the following
questions. (do not use commas or dollar signs in your answer)
What is his monthly payment?
Answer: $861.44
Explanation:
Given the following :
Purchase price = $195,000
down payment = 20%
Interest rate = 5.25%
Period = 30 years
Down payment = 0.2 × $195,000 = $39,000
Therefore, loan amount will be :
$(195,000 - 39,000) = $156,000
The payment per period (monthly payment) can be calculated using the annuity calculator.
Present value = $156,000
Number of periods = 30yrs = 30× 12 = 360 months
Interest = 5.25% / 12= 0.4375% = 0.004375
Future value = 0 (Amount when entire loan has been paid)
Therefore, the payment per period is $861.44 using the financial calculator.
Changes in inventories are included as part of investment spending because anything produced by a business that has.
Can you be wise and intelligent at the same time .
Answer:
yes :)
Explanation:
wisdom comes from experience intelligence doesn't
Answer:
yes of course .................
The phrase the customer is always right is most often associated with what term?
The phrase the customer is always right is most often associated with c) consumer sovereignty.
Many brands treated clients as if they lacked brain cells in the 1950s and 1960s, employing loud and abrasive voices and plainly inflated print. Ogilvy wanted to emphasize the importance of connecting with clients and treating them intelligently.
His beliefs mirrored a prevalent notion in the early 1900s: "The customer is always right."
This viewpoint was novel and significant at the time. Consider a world in which the consumer truly had some power. Today, thanks to social media, we live in a world where the customer may not always be correct in your opinion, but they are armed with social media and can use it against you.
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Correct question:
he phrase "the customer is always right" is most often associated with what term?
a) entrepreneurship
b) mixed economy
c) consumer sovereignty
d) regulatory government
Cindy Haskins is paid $9.00 an hour. Her overtime rate is 2 times (double time) her regular hourly rate. This week Haskins worked her regular 40 hours plus 8 hours of overtime. What is her total pay?
Her entire compensation is $504.
The term "total pay" means what?Total Pay is the sum of a worker's regular straight-time pay or base salary plus any additional wages received for overtime, shift differentials, incentive pay, bonuses, and other special payments.
The following formula will be used to determine Cindy Haskins' total compensation:
Hourly Payment per hour= $9.00
Hours worked= 40 hours
Payment = 40 X 9 = $360
Overtime payment per hour = $9.00 X 2= $18
Overtime = 8 hours
Payment = 18 X 8= $ 144
Total Payment= $360 + $144= $504
How do you figure up total pay?The number of hours worked multiplied by the hourly wage of an employee is how gross wages for hourly workers are determined. For instance, if a worker does 25 hours per week of part-time employment at a wage of $12, their gross compensation would be $300 (25 x $12 = 300).
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