Bring out the difference between Movement along the demand curve and Shift in demandCurve
Answers
"A shift in demand curve means at the same price, consumers wish to buy more. A movement along the demand curve occurs following a change in price."
Movement along the demand curveA chan-ge in price causes a move-ment along the demand curve. It can either be contract-ion (less dem-and) or expan-sion/extension. (more dem-and)
A shift in the demand curve occurs when the wh-ole demand curve mo-ves to the right or left. For exam-ple, an incr-ease in income would mean peo-ple can afford to buy more wid-gets even at the sa-me price. The demand curve cou-ld shift to the rig-ht for the follow-ing reasons:
The price of a subs-titute good in-creased.
The price of a comple-ment good de-creased.
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Related Questions
all of the following are associated with a market quantity that is the quantity where social marginal cost (msc) doesn't equal marginal social benefit (msb) except?
Answers
The marginal external cost would be positive as well as results in such a negative externality, which means it has a negative impact on the environment, if such plant's marginal social costs seem to be greater than its marginal private costs.
Consumer pleasure plus as well as minus the overall environmental as well as social costs but rather benefits is referred to as the marginal social benefit. For instance, marginal social benefits were greater than marginal private benefits when positive externalities of such consumption exist.
The bit in some kind of a multiple-bit binary number only with highest value is known as the most significant bit (MSB). Usually, this will be the bit that is transmitted first during a sequence and is the furthest to the left. For instance, the MSB in the binary number 1000 is 1, whereas the MSB in the binary number 0111 is 0.
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Suppose the government wants to tax the good that will generate more tax revenue at a lower welfare cost. In this case, it should tax because, all else held constant, taxing a good with a relatively elastic demand generates larger tax revenue and smaller deadweight loss.
Answers
The Government should tax Smartphones because all else held constant taxing a good with a relatively less elastic demand generates larger tax revenue and smaller dead weight loss.
What is Elastic demand?An elastic demand refers to the change in the quantity demanded which takes place due to the change in the prices of the commodity. The prices changed in the large.
The complete question is attached below.
The opposite of the Elastic demand is Inelastic Demand which refers to the change in the demand in response to the smaller change in the prices of the commodity.
Smartphones should be subject to a tax because, all else being equal, taxing a good with a substantially less elastic demand results in greater tax revenue and less waste.
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According to Keynesian model, Congress and Mr. President might try to use to stimulate in a recession. A. monetary policy, aggregate demand B. monetary policy, interest rates C. fiscal policy, aggrega
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According to the Keynesian model, Congress and the President might try to use fiscal policy, specifically aggregate demand, to stimulate the economy during a recession.
Keynesian economics suggests that during periods of economic downturn, the government should increase its spending or reduce taxes to boost aggregate demand. By doing so, the government aims to stimulate consumer spending, investment, and overall economic activity. This can be achieved through measures such as increased government spending on infrastructure projects, healthcare, education, or providing tax incentives for businesses and individuals. By implementing expansionary fiscal policies, policymakers seek to increase employment, reduce unemployment, and encourage economic growth during recessions.
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when marketers want to promote their products and services through word-of-mouth marketing programs, they typically begin by ________.
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When marketers want to promote their products and services through word-of-mouth marketing programs, they typically begin by "developing print and radio advertisements".
The marketing is the term which refers to the planning and executing the strategy or plan around the ideation and target goal, it distribution and promotion of products and services are satisfying the consumers.
The three components are targeting the right audience, conducting competitor research, and using social media strategically. The good marketing is the art of finding, developing, and profiting from marketing opportunities. The three primary methods for uncovering possible product or service improvements.
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Companies that purchase inventories that are primarily in finished form for resale to customers are known as:_________
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Companies that purchase inventories that are primarily in finished form for resale to customers are known as merchandising.
Merchandising is any practice that contributes to the sale of products to a retail patron. At a retail in-keep level, vending refers to showing merchandise that is for sale in an innovative way that entices clients to purchase greater gadgets or merchandise.
Any top for sale is merchandise, a few examples consist of groceries in a grocery store, clothes in a retail keep, electronics on an internet site, or raw materials in a production warehouse. If someone can sell the object or buy the item, then it's the product.
Vending refers to the advertising and income of merchandise. merchandising is most usually synonymous with retail sales, where companies sell merchandise to purchasers. merchandising, more narrowly, may additionally talk over with the advertising and marketing, promotion, and advertising and marketing of products intended for retail sale.
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Write a paragraph explaining the arguments from supporters and opponents of the wealth tax, using content from the photo and one recent,reputable,and reliable Internet source. Which point of view do you agree with and why?
Answers
Answer:
A wealth tax is a controversial proposal that would tax individuals' accumulated wealth rather than their income. Supporters of a wealth tax argue that it would help address growing income inequality, provide revenue for essential public services, and ensure that the wealthiest individuals are paying their fair share. Opponents of the wealth tax argue that it would discourage investment, lead to capital flight, and ultimately harm economic growth. They also argue that a wealth tax is difficult to administer and could result in unintended consequences, such as driving wealthy individuals to hide their assets or leave the country.
According to a recent article from Forbes, "The case for and against a wealth tax," the debate over a wealth tax has intensified in recent years, with some countries already implementing the policy and others considering it. The article presents both sides of the argument, highlighting the potential benefits of a wealth tax, such as reducing wealth inequality and raising revenue for public services, as well as the potential drawbacks, such as discouraging investment and leading to capital flight. The article also notes that implementing a wealth tax is not a straightforward process and requires careful consideration of the policy's design and administration.
I do not have a personal opinion on this issue. However, I can provide that a wealth tax is a complex and highly debated topic that involves weighing the potential benefits of reducing wealth inequality and raising revenue against the potential drawbacks of discouraging investment and leading to capital flight. It ultimately requires careful consideration and analysis of the policy's design and administration to determine whether a wealth tax would be effective and fair.
A workshop is a meeting in which individuals do physical labor.
False
True
Answers
TRUEEEEEEEEEEEEEEEEEEEEEEE
Answer:
Its trueeeeeeeeeeeeeeeeee
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Answers
Answer:
Hellllllllllllllllllllllllllllllllllllo
Explanation:
Emily is using the table to determine the minimum amount of money she should save monthly if she is to have enough money to pay for her first year of college. She anticipates receiving $6,000 in grants and has 6 years to save in a college savings account. Without including any interest earned, what is a reasonable estimate of the amount Emily and her family should save each month for the next 6 years to pay for her first year of college? $600 $700 $850 $950.
Answers
Answer:
$700 is the awnser
Explanation:
I did the math and got it right on my test
if your paycheck provides enough to pay rent and buy groceries and necessities, you are probably eanring a
Answers
The possibility that a paycheck provides to cater for paying rent and buying groceries and necessities implies that you're probably earning a good salary.
What is a Paycheck?
Traditionally, a paycheck is a paper document delivered by an employer to compensate an employee for services performed or rendered.
The employee cashed the cheque to collect payment. The employee may also choose to have their salary instantly transferred into their bank account, ensuring that their money is there on payday.
A paycheck may be sent out or issued on a weekly or bimonthly basis. Thus, the possibility that a paycheck provides to cater for paying rent and buying groceries and necessities implies that you're probably earning a good salary.
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Answer:
b
Explanation:its b
why does saturn have the coldest surface temp?
Answers
Answer:
distance from the Sun
Explanation:
because of Saturn's tilt, the southern and northern hemispheres are heated differently, causing seasonal temperature variation.
CAN SOMEONE PLEASE HELP ME WITH A WORKSHEET AND IF YOU CANT HELP DO NOT ANSWER PLEASE!!!!!!!
Answers
Answer:
sure
Explanation:
6
A company that is located in the U.S. and sells its product to customers in Mexico is participating in what?
A. Demographics
B. News media
C. The global marketplace
D. Web marketing
Answers
Answer:
c
Explanation:
the global marketplace
Answer:
C
Explanation:
got it right on Edge
1.1 Which statement best describes financial accounting …
A. Reports are prepared for managers and users inside the organisation
B. Provides a scorecard by which the past performance of a business is judged in
the form of financial statements which are used by stakeholders outside the
organisation
C. Conduct an official financial inspection of a company or its accounts
D. A and B only
E None of the above
Answers
what worldwide economic crisis took place prior to world war 2?
Answers
The concept is Economic crisis, a variety of situations in which some financial assets suddenly lose value. The answer is the Great Depression.
Ironically, it was World War II, due in part to the Great Depression, that pulled the United States out of a decades-long economic crisis. The Great Depression contributed to dire economic conditions in Weimar Germany, leading in part to the rise of Adolf Hitler and the Nazi Party.
In the United States, the effects of the crash reinforced and reinforced restrictive American immigration policies. An economic crisis represents a situation where a country's economy suddenly loses strength, a decline usually caused by a financial crisis.
An economic crisis can take the form of economic stagflation, recession, or depression. As government spending dried up, the economy plunged into a severe recession and GDP fell by 11%.
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Question 5 of 10
When gathering information, which of the following tasks might you need to
perform?
A. Apply standards, such as measures of quality, beauty, usefulness,
or ethics
B. Seek out ideas from others and share your own ideas
C. Study objects, conduct lijsts, research written materials, and ask
questions
D. Fill out forms, follow procedures, and apply math and science
SEN
Answers
Roberts Company makes a product that regularly sells for $13.00 per unit. i (Click the icon to view additional information.) 7. If Roberts Company has excess capacity, should it accept the offer from Wellington? Show your calculations. 8. Does your answer change if Roberts Company is operating t capacity? Why or why not? (***) 7. If Roberts Company has excess capacity, should it accept the offer from Wellington? Show your calculations. (Use a minus sign or parentheses to show decrease n operating income.) Expected increase in revenue $ 66,000 (44,000) Expected increase in variable manufacturing costs 22.000 Expected increase/(decrease) in operating income Roberts should accept the offer because operating income will increase by $22,000. 8. Does your answer change if Roberts Company is operating at capacity? Why or why not? (Enter an expected decrease revenue with a minus sign or parentheses.) Revenue t capacity sale price X More info Less: Revenue at regular sale price Expected increase/(decrease) in revenue The product has variable manufacturing costs of $8.00 per unit and fixed manufacturing costs of $2.20 per unit (based on $242,000 total fixed costs at current production of 110,000 units). Therefore, total production cost is $10.20 per unit. Roberts Company receives an offer from Wellington Company to purchase 5,500 units for $12.00 each. Selling and administrative costs and future sales will not be affected by the sale, and Roberts does not expect any additional fixed costs.
Answers
7. As the expected increase in operating income is $44,000, Roberts should accept the offer from Wellington if they have excess capacity.
8. If Roberts Company is operating at capacity, they may decide not to accept the offer from Wellington due to the expected decrease in revenue.
7. To determine whether Roberts Company should accept the offer from Wellington, we need to compare the expected increase in operating income with the additional variable manufacturing costs.
Expected increase in revenue: $66,000
Expected increase in variable manufacturing costs: $22,000
Expected increase/(decrease) in operating income = Expected increase in revenue - Expected increase in variable manufacturing costs
Expected increase/(decrease) in operating income = $66,000 - $22,000
Expected increase/(decrease) in operating income = $44,000
Since the expected increase in operating income is $44,000, Roberts should accept the offer from Wellington if they have excess capacity.
8. If Roberts Company is operating at capacity, the answer might change because accepting the offer from Wellington would require reducing production or fulfilling the order by producing additional units, which would incur additional costs.
Revenue at capacity = Sale price x Units offered
Revenue at capacity = $12.00 x 5,500
Revenue at capacity = $66,000
Revenue at regular sale price = Sale price x Units offered
Revenue at regular sale price = $13.00 x 5,500
Revenue at regular sale price = $71,500
Expected increase/(decrease) in revenue = Revenue at capacity - Revenue at regular sale price
Expected increase/(decrease) in revenue = $66,000 - $71,500
Expected increase/(decrease) in revenue = -$5,500
If Roberts Company is operating at capacity, accepting the offer from Wellington would result in a decrease in revenue of $5,500.
In this case, Roberts should carefully evaluate whether the decrease in revenue outweighs the additional variable manufacturing costs of $22,000, as it may negatively impact their profitability.
Therefore, if Roberts Company is operating at capacity, they may decide not to accept the offer from Wellington due to the expected decrease in revenue.
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Lopez Corporation, a manufacturer of household paints, is preparing annual financial statements at December 31, 2007. Because of a recently proven health hazard in one of its paints, the government has clearly indicated its intention of having Lopez recall all cans of this paint sold in the last six months. The management of Lopez estimates that this recall would cost $800,000.
Requried:
What accounting recognition, if any, should be accorded this situation?
Answers
The accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000.
Basically, an accounting recognition refers to the act of recording a business transaction in the firm's accounting records.
Because the management of Lopez estimates that this recall of all cans of paint sold in the last six months would cost $800,000, then, the entry will be as followsIn conclusion, the accounting recognition to be accorded in this situation is operating expense of $800,000 and liability of $800,000
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Which arguments should be given more weight: those based on company policy, the employee handbook, and the labor agreement or mitigating factors given by the grievant and his witnesses? explain.
Answers
Arguments should be given more weight: those based on company policy, the employee handbook, and the labor agreement or mitigating factors given by the grievant and his witnesses system technician.
Stansky, a system technician was terminated from his job for arguing and hitting a co-worker. He has violated each employer policy in addition to the worker handbook. right here all the arguments have to be given importance even as listening to the case
The enterprise policy and employee guide units the work subculture of the firm. It additionally restricts sports like dishonesty, inefficiency, violation of business enterprise policy, destruction of policy, and so on. and honestly specifies that doing this will lead to disciplinary actions. Besides this, hard work settlement or mitigating factors are given through
The criticism and his witnesses are also very vital to apprehending the actual incident. these kinds of elements could help the arbitrator in identifying the fault of the employee and the possible disciplinary motion that needs to be taken in opposition to him.
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Assume a merchandising company provides the following information from its master budget for the month of May: Sales $ 140,000 Cash paid for merchandise purchases $ 94,000 Selling and administrative expenses $ 34,000 Accounts payable, May 1st $ 27,000 Accounts payable, May 31st $ 35,000 If the company maintains no beginning or ending merchandise inventory and makes all of its inventory purchases on account, what is the budgeted net operating income for May?
Answers
Based on the sales, purchases, and other entries, the budgeted net operating income for May is $4,000.
What is the budget net operating income?This can be found as:
= Sales - Cost of goods sold - Selling and admin expenses
Cost of goods sold:
= Purchases paid in cash + Ending accounts receivable - Beginning accounts payable
= 94,000 + 35,000 - 27,000
= $102,000
Budgeted net income:
= 140,000 - 109,000 - 34,000
= $4,000
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which is not an example of transfer income.
a) dividend
b) rent
c) pensions
d) scholarship grant to students
Answers
Answer:
A - dividen
Explanation:
A is the answet
Self-motivation is a very important quality that employers look for. Being ready to complete assigned tasks without having to be told and working hard are factors in a successful career. Explain why being careful to pick our career path can help us maintain motivation when we enter the work force.
Answers
Answer:
if you pick a job you really dont like you're not gonna go to it clock in none of that picking a job you like and comfortable with you'll want to go everyday and give 110 percent
Answer:
Actually enjoying doing a job can give you a lot more motivation than doing one you hate. Be careful to pick a job you'll actually enjoy so you'll have a reason to work hard for it.
KyoTek has informed its employees of the company policy that they may not use their business phones to make personal calls. What is true of this situation?
A)Employees’ communication may be monitored, even personal calls.
B)If KyoTek is monitoring an employee’s phone, and the employee receives a personal call, KyoTek must hang up immediately.
C)The employees have grounds to file a complaint against KyoTek under provisions of the ECPA for instituting this policy.
D)An individual employee may have grounds to file a complaint against KyoTek under provisions of the ECPA if KyoTek monitors that employee’s personal call.
Answers
Based on the given information, the most accurate statement is: D) An individual employee may have grounds to file a complaint against KyoTek under provisions of the ECPA if KyoTek monitors that employee's personal call.
The Electronic Communications Privacy Act (ECPA) is a federal law in the United States that protects the privacy of electronic communications. Under the ECPA, it is generally illegal for an employer to intercept or monitor an employee's personal phone calls without their consent. If KyoTek monitors an employee's personal call without proper consent, that employee may have legal grounds to file a complaint under the ECPA. However, it should be noted that this answer assumes the situation is in the United States and that the monitoring of personal calls is not covered by any other agreement or consent given by the employees.
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Because susans standard deduction is greater than the amount she made, it turns out that Susan never owed taxes. How large of a refund should she expect from the Federal
government if she follows through on filing her 1040 form
Answers
Note that if Susan's standard deduction is greater than the amount she made, it means her taxable income is zero. If she had any taxes withheld from her paychecks throughout the year, she would be eligible for a full refund of those taxes.
What is the rationale for the above response?Assuming Susan is a single taxpayer under the age of 65 and not claimed as a dependent on anyone else's tax return, her standard deduction for tax year 2022 (filing in 2023) would be $12,950.
If Susan's total income for the year is less than or equal to $12,950, she would owe no federal income tax and would be eligible for a full refund of any federal income tax withheld from her paychecks or estimated tax payments she made throughout the year.
The exact amount of her refund would depend on how much federal income tax was withheld from her paychecks or paid in estimated tax payments throughout the year. Susan can determine the amount of her refund by completing her tax return using Form 1040 and any other applicable forms and schedules.
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The Auxiliary seven digit Employee ID is not associated with a flotilla. The flotilla number 054-06-01...
A. Means Division 1, Flotilla 6, District 5 Southern Region.
B. Means District 5 Southern Region, Division 6, Flotilla 1.
C. Indicated the State, Group, and Flotilla.
D. Is no longer used.
Answers
Based on the information provided in the question, it is clear that the Auxiliary seven digit Employee ID is not associated with a flotilla. However, there is a flotilla number mentioned in the question - 054-06-01. This number is composed of three parts: Division, Flotilla, and District.
To determine what this number means, we need to understand how the Coast Guard Auxiliary organization is structured. The organization is divided into districts, which are further divided into divisions, and then into flotillas. Each flotilla is assigned a unique number that includes the Division, Flotilla, and District numbers.
Option A suggests that the number 054-06-01 means Division 1, Flotilla 6, District 5 Southern Region. This interpretation is incorrect because the order of the Division and Flotilla numbers is reversed.
Option B suggests that the number 054-06-01 means District 5 Southern Region, Division 6, Flotilla 1. This interpretation is also incorrect because the Flotilla and Division numbers are switched.
Option C suggests that the number indicates the State, Group, and Flotilla. However, this interpretation is not supported by the information provided in the question.
Option D suggests that the number is no longer used, but there is no evidence to support this claim.
In conclusion, the correct answer is neither A, B, C, nor D. We cannot determine what the number 054-06-01 means without additional information.
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For the situation in exercise 8, fashion an equitable remedy that might encourage cracked mirror to decide to keep its commitment to play at your prom.
Answers
Incomplete question. Here's the full text;
Cracked Mirror, a locally well-known rock group, contracts to play for your high school prom. A week before the dance, the group cancels its appearance. A teacher finds out that the band took the opportunity to perform in a concert that will pay them $800 more. The class president’s mother is an attorney and offers her services to the school.....In the question above, could you fashion an equitable remedy that might prompt Cracked Mirror to decide to keep its commitment to play at your prom? (Certain remedies that may come to mind could violate portions of the U.S. Constitution and therefore could not be pursued.)
Explanation:
A good remedy that comes to mind is the equitable remedy of Specific performance. The remedy of Specific performance is usually issued by a court order requiring a party to perform a specific action, as obliged in a contract.
Thus, by suing Cracked Mirror rock group to pay monetary damages for its failure to perform could prompt them to keep its commitment to play at your prom, especially when the damages involves a significant amount.
PLEASE HELP!!!
Money going out of a business is called _BLANK_.
A. income
B. expenses
Answers
Answer:
Expenses
Explanation:
a nation suffering from high unemployment would welcome: group of answer choices currency appreciation a wave of foreign investment currency depreciation effects of less expensive exports
Answers
A nation suffering from high unemployment would generally welcome a wave of foreign investment and the effects of less expensive exports.
Foreign Investment: Foreign investment can bring new businesses, industries, and job opportunities to a country. It can stimulate economic growth, create employment opportunities, and contribute to the overall development of the nation. When a country attracts foreign investment, it often leads to the establishment of new companies, expansion of existing businesses, and increased demand for skilled and unskilled labor, thus helping to alleviate unemployment. Effects of Less Expensive Exports: When a country's currency depreciates, its exports become more affordable and competitive in international markets. This can lead to an increase in export demand, which in turn can drive economic growth and generate employment opportunities. By making exports cheaper, a nation can potentially stimulate its industries, increase production, and create jobs in sectors that are export-oriented.
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the data analysis procedure that focuses on analyzing what items are bought during a single shopping occasion is called
Answers
The data analysis procedure that focuses on analyzing what items are bought during a single shopping occasion is commonly referred to as "market basket analysis" or "transactional analysis."
Market basket analysis is a technique used to uncover associations and patterns in consumer purchasing behavior by examining the combinations of products that customers tend to buy together in a single transaction. It is often used in retail and e-commerce industries to understand customer preferences, optimize product placement, and make recommendations for cross-selling or upselling. Transactional analysis is a psychoanalytic theory and therapeutic approach developed by Eric Berne. It focuses on understanding and improving communication and relationships. The theory proposes that people have three ego states—Parent, Adult, and Child—and interactions occur through transactions. Transactional analysis aims to identify and analyze these transactions to uncover patterns, roles, and dynamics within relationships. It provides tools to recognize and modify unhealthy patterns, enabling individuals to improve their communication skills, develop self-awareness, and enhance interpersonal relationships. Transactional analysis has applications in counseling, coaching, and organizational development, promoting personal growth, and fostering healthier interactions and emotional well-being.
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Look at the following statements. Choose the one correct answer.
Online bill paying can make a lot of sense.
You cannot overdraw your account with online bill paying.
Checking accounts can (and should) be linked to savings accounts.
Both A and C.
Answers
The following statements should be considered true:
When the bill is paid online so it makes understandable.The checking account should be connected with the saving accounts.The following information should be considered:
The account could be overdrawn when the bill is to pay online.When the bill is to be paid online so it is understandable.Also, the checking account could be connected with the saving account.Therefore, we can conclude that both A and C are correct.
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