Economist popularly asserts that an allocation of resources will be efficient if the total surplus is maximized.
What entails allocation of resources?An allocation of resources is said to occur if producer produce goods and services that people value most highly.
In conclusion, if the total surplus for a produced goods is maximized, then, there is an efficient allocation of resources.
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why is market development necessary ?
diameter is a research and development project funded by the european commission. true or false
False. "Diameter" being a research and development project funded by the European Commission is not confirmed.
As of my knowledge cutoff in September 2021, there is no specific research and development project called "Diameter" that can be confirmed as being funded by the European Commission. It's important to note that there are numerous research and development projects funded by the European Commission across various fields, but without more specific information, it is not possible to determine the existence or funding of a project called "Diameter."
The European Commission regularly funds research and development projects through various funding programs such as Horizon Europe. These projects cover a wide range of areas including science, technology, innovation, and societal challenges. However, without specific details or updated information, it cannot be stated definitively that a project named "Diameter" exists or is funded by the European Commission.
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What is the objective of the Joint Project Planning Session?
Question 5 options:
Produce a detailed Project Plan
Produce Conditions of Satisfaction
Produce a Project Overview Statement
Produce Stakeholder Agreements
Which of the following is NOT a situation requiring team operating rules?
Question 16 options:
Conflict resolution
Problem solving
Project Training
Decision making
Mr. John Smith has been appointed as manager of large installation project. In his new role, Mr. Smith is responsible for managing potentially 300 stakeholders. Which of the following would be the BEST course of action for him to take?
Question 25 options:
Gather the needs
Find an effective way to gather the needs of all stakeholders
Contact the CEO and ask which stakeholders are most important
Eliminate some stakeholders
Produce a Project Overview Statement. Project Training. Find an effective way to gather the needs of all stakeholders.
The objective of the Joint Project Planning Session is to produce a Project training. This statement provides a high-level overview of the project, including its goals, scope, deliverables, and key stakeholders. It serves as a concise summary that helps align the project team and stakeholders on the project's direction and objectives. Project Training is not a situation that requires team operating rules. Team operating rules are typically established to guide and regulate team activities in areas such as conflict resolution, problem solving, and decision making. Project training, on the other hand, focuses on equipping team members with the necessary skills and knowledge to effectively perform their roles and contribute to the project's success.
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a manufacturing company has discontinued the production capacity which can be devoted to one or more of the products: product a, b, or c
The decision to discontinue production capacity for certain products in the manufacturing company may have been influenced by factors such as declining demand, low profitability, or strategic shifts in the market.
This discontinuation will impact the company's product portfolio by narrowing its offerings and allowing for a more focused approach. The overall profitability may improve as resources are allocated to more profitable products. The criteria or strategy used to determine which products to discontinue may include analyzing sales data, profitability analysis, market trends, and strategic alignment. The freed-up production capacity can be reallocated to other products with higher demand or utilized for new product development. This decision may impact the company's market positioning by allowing it to specialize in specific products and enhance its competitive advantage by focusing on its strengths.
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--The complete Question is, The manufacturing company has discontinued production capacity for certain products. What factors or considerations might have influenced this decision? How will this impact the company's product portfolio and overall profitability? What criteria or strategy did the company use to determine which products to discontinue? How will the freed-up production capacity be reallocated or utilized within the company? What implications does this decision have for the company's market positioning and competitive advantage?--
In a well-constructed paragraph, evaluate the significance of government to the economic well-being of the nation or people. Include 3 specific examples from the module to support your position and explain how each of them proves your point.
20 points: takes a position about the significance of the role of government
30 points: includes three examples from the module to support that position
30 points: thoroughly explains the connection between the examples and position on the role of the government
Explanation:
5.From which of the following, we get more sun's energy-
1 point
Eating other people
The importance of the government for the economic well-being of the nation and the people is to create public policies that encourage the creation of new businesses capable of generating jobs and increasing the quality of life.
Free market systemIt is an economic model that is based on greater freedom to conduct business, without government intervention. The free market is determined by the law of supply and demand.
Therefore, the free market system guarantees greater economic development in a country, heating up the economy, generating jobs and increasing the purchasing power and well-being of the population.
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What are some ways to protect the confidentiality of research participants quizlet?
The ways of protecting confidentiality is:
Getting nondisclosure agreements signedlimiting participant identity accessOnly with explicit permission will participant information be disclosed.What is Confidentiality?Confidentiality describes a set of rules or a contract that limits access to or uses of specific types of information and is often done out through confidentiality clauses. Confidentiality refers to the concept and practice of keeping sensitive information private unless the owner or data custodians expressly authorizes sharing it with a third party.
In addition, confidentiality might mean:
Limiting user access to data instruments that contain participant identification.Not revealing some data sets.The confidentiality agreement is crucial to protect participants as well as the integrity of the research.To know more about Confidentiality, visit:
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What do prices help buyers and sellers make?
a. products
b. models
C. targets
d. decisions
products the monetary value of a good as determined by supply and demand. occurs when supply outweighs demand; pricing must be reduced to entice customers.
option ( A) is correct
Prices aid buyers and sellers in what way?Prices provide vendors and purchasers incentives and communicate messages. Market prices alter in response to changes in supply or demand, which impacts incentives. Higher pricing for a good or service encourage both producers to make or sell more of it while also encouraging consumers to buy less of it.
What is the agreed-upon pricing between buyers and sellers?Price in equilibrium. An equilibrium price, also known as a market clearing price, is the agreed upon price when a product transaction takes place. According to the diagram in Image 1, this price occurs where supply and demand converge. Buyers and sellers are both eager to swap quantity Q for price P in Image 1.
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How are volatility and risk related in an investment?
A.
a volatile investment is less risky
B.
a volatile investment is more risky
C.
volatility and risk are not related
The terms volatility and risk are related in an investment because a volatile investment is more risky. The Option B is correct.
What is a volatile investment?Basically, the term volatility describes when a market or security experiences periods of unpredictable and sometimes sharp, price movements. Most People often think of volatility only when prices fall, however volatility can also refer to sudden price rises too.
Most of the Increased market volatility are caused by economic or policy factors including changes in other markets, interest rate hikes, and the Fed's current monetary policy. A political instability can also lead to market volatility.
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Which of the following is considered a command economy? A. Capitalism B. Libertinism C. Private enterprise D. Communism E. Laissez-faire market
Communism is considered as a command economy.
Which of the following is considered a command economy?
The term "command economy" refers to a system in which the government exercises complete power and control over the economy. The government, not market demand, sets prices and determines what is to be produced, how it is to be produced, and to whom it will be allocated. The economy in which all the factors of production are controlled and directed by the government is known as a command economy.
The following options are available:A. CapitalismB. LibertinismC. Private enterpriseD. CommunismE. Laissez-faire market The correct answer to the question "Which of the following is considered a command economy?" is option D, Communism. In a communist economy, the government owns and manages all means of production, and the distribution of goods and services is determined by central planning.
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Which statement below is something that political machines and the settlement house movement did not have in common? (1 point)
They operated at the neighborhood level.
Their leaders were admired by local citizens.
They provided assistance to immigrant families
Their leaders won international acclaim.
Answer:
Their leaders won international acclaim.
Explanation:
which of the following would cause an outward or rightward shift in the production possibilities curve? a a decrease in the number of workers b a decrease in natural resources c an increase in inflation d an increase in capital equipment e an increase in unemployment
An increase in capital equipment would cause an outward or rightward shift in the production possibilities curve.
The capital of a commercial enterprise is the money it has daily everyday pay for its operations and day-to-day fund for its future growth. The 4 foremost sorts of capital encompass working capital, debt, equity, and buying and selling capital. trading capital is utilized by brokerages and other economic institutions.
In business, capital manner the money a company needs daily to function and every day enlarge. usual examples of capital encompass cash at hand and debts receivable, near cash, fairness, and capital belongings. Capital properties are giant, lengthy-term assets no longer supposed daily be sold as a part of your normal enterprise.
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Answer:
capital investment
Explanation:
Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answer:
C, "Personal risk"
Explanation:
Gradpoint
Ms. Nurse has requested more money for nursing. I told her that you would evaluate her proposal and give me a full report
A thorough evaluation of Ms. Nurse's proposal for increased funding should consider the current state of nursing, the potential impact of increased funding, and the organization's financial situation.
Next, it is important to consider the potential impact of increased funding. Will it lead to improved patient outcomes, better staff morale, or increased productivity? It is important to weigh the potential benefits against the cost of providing more funding.
Finally, it is important to consider the organization's overall financial situation and whether it can afford to provide more funding for nursing. If additional funding is granted, it may be necessary to adjust other areas of the budget to maintain financial stability.
Overall, a thorough evaluation of Ms. Nurse's proposal for increased funding should consider the current state of nursing, the potential impact of increased funding, and the organization's financial situation.
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1.Is the demand for Good X Elastic or Inelastic between $9 and $10? Use the above demand schedule to answer this. explain(3 marks)
2.What happens to the Demand Curve of a Good X if the price of Good Y (a
substitute good) increases?Explain why the demand curve for Good X changed?(3 marks)
3.What type of demand would there be for a good that had NO substitutes? explain(2 marks)
4.There is an expectation that the
price of the product will soon
fall, what happens to demand(2 marks)
class 10 icse economics applications- chapter- demand pls help me i need urgent answer i will be very grateful pls help me
Answer:
1. Demand for good X is Elastic
2. The demand curve for good X shifts outward or rightward.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
Explanation:
Price elasticity of demand measures the responsiveness of quantity demanded to changes in price of the good.
Price elasticity of demand = percentage change in quantity demanded / percentage change in price
If the absolute value of price elasticity is greater than one, it means demand is elastic. Elastic demand means that quantity demanded is sensitive to price changes.
Demand is inelastic if a small change in price has little or no effect on quantity demanded. The absolute value of elasticity would be less than one
Demand is unit elastic if a small change in price has an equal and proportionate effect on quantity demanded.
Infinitely elastic demand is perfectly elastic demand. Demand falls to zero when price increases
Perfectly inelastic demand is demand where there is no change in the quantity demanded regardless of changes in price.
Elasticity of demand for good X = percentage change in quantity demanded / percentage change in price
percentage change in quantity demanded = (150 / 110) - 1 = 0.364 = 36.4%
percentage change in price = (9/10) - 1 = 0.1 = -10%
Elasticity = 36.4 / -10 = -3.64 = 3.64
the coefficient of elasticity is greater than one, so demand is elastic
2. Substitute goods are goods that can be used in place of another good.
If the price of good Y increases, good Y becomes more expensive. Thus, the quantity demand of good y decreases. Consumers shift to the consumption of good X. As a result, there would be an increase in the demand for good X. The demand curve for good X shifts outward or rightward.
3. Demand would be inelastic if there were no substitutes.
If there is an increase in the price of the good, consumers cannot not shift to the consumption of a cheaper substitute. As a result, quantity demand would be less sensitive to changes in price.
4. If there is an expectation of a future reduction in price, there would be a fall in demand now. the demand curve would shift inward or leftward.
support the following statement: ""it is best to offset a capital and financial account deficit with a current account surplus.""
Supporting the statement "it is best to offset a capital and financial account deficit with a current account surplus," we can consider the following points:
1. Balance of Payments: A current account surplus helps maintain the balance of payments by counterbalancing the deficits in the capital and financial accounts. This ensures stability in a country's international transactions.
2. Foreign Exchange Reserves: A current account surplus contributes to an increase in foreign exchange reserves, providing the country with the necessary resources to meet external obligations and maintain currency stability.
3. Debt Reduction: A current account surplus can be used to pay off external debts, reducing the country's overall debt burden and improving its credit rating.
4. Investment: A current account surplus may indicate that a country has a competitive advantage in exporting goods and services, which can attract foreign investment, stimulate economic growth, and create job opportunities.
5. Economic Stability: By offsetting capital and financial account deficits with a current account surplus, a country can maintain economic stability and reduce its dependence on external borrowing. This minimizes the risks associated with fluctuating interest rates and exchange rates.
In conclusion, offsetting a capital and financial account deficit with a current account surplus can promote economic stability, improve foreign exchange reserves, reduce debt, and foster investment, all of which contribute to a country's overall economic health.
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What are the remedial measures of unemployment in nepal?explain
Assume that a company’s planning budget is based on 2,000 units and it actually produced and sold 2,500 units. Its planning budget is based on the assumption that 60% of its administrative expenses are fixed and the remainder is variable. If the planning budget includes $12,000 of fixed administrative expenses and the company’s actual total administrative expense for the period is $19,000, then what is the amount of the administrative expense spending variance?
Multiple Choice
$3,000 favorable
$2,000 unfavorable
$5,000 unfavorable
$5,000 favorable
First, we need to determine the expected amount of variable administrative expenses based on the planning budget: the correct answer is $3,000 unfavorable. So the correct option is A.
Fixed administrative expenses = $12,000
Variable administrative expenses = 40% x Total administrative expenses = 40% x ($12,000 + Variable expenses)
Simplifying, we get: Variable administrative expenses = 0.4 x ($12,000 + Variable expenses)
Solving for Variable administrative expenses, we get: Variable administrative expenses = $8,000
Next, we can calculate the flexible budget for administrative expenses based on the actual level of production (2,500 units):
Fixed administrative expenses = $12,000
Variable administrative expenses = ($8,000 / 2,000 units) x 2,500 units = $10,000
Total administrative expenses = $12,000 + $10,000 = $22,000
Finally, we can calculate the administrative expense spending variance as the difference between the actual and flexible budget amounts:
Administrative expense spending variance = Actual administrative expenses - Flexible budget administrative expenses
Administrative expense spending variance = $19,000 - $22,000
Administrative expense spending variance = -$3,000 (unfavorable)
Therefore, the correct answer is $3,000 unfavorable.
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Most CLEP exams correspond to _____ college courses.
A.one-trimester
B.one-quarter
C.one-year
D.one-semester
The correct option is D. Most CLEP exams correspond to one-semester college courses.
CLEP stands for the College-Level Examination Program. The College Board runs this program. Students can receive college credits by passing these exams. The tests have 33 subject areas, including mathematics, literature, science, social science, business, and foreign language.
Each test corresponds to a college-level course, with a few exceptions, such as the Analyzing and Interpreting Literature exam, which covers material typically covered in a two-semester course.
The tests have 33 subject areas, including mathematics, literature, science, social science, business, and foreign language.
Each test corresponds to a college-level course, with a few exceptions, such as the Analyzing and Interpreting Literature exam, which covers material typically covered in a two-semester course.
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the process of predicting what the market would pay for a company's investments and bonds is .
The process of predicting what the market would pay for a company's investments and bonds is called a valuation.
Valuation is a quantitative process which determines what the market would pay for a company or its assets like investments and bonds. They may be valued on an absolute basis or on a relative basis compared to similar companies or assets. An analyst does this by placing value on many metrics.
Methods of valuation may differ and may provide different answers. Some methods that may be employed are Fundamental analysis, capital asset pricing model (CAPM) and dividend discount model (DDM).
The other options are incorrect because:
An appraisal is just an estimation of the market value of a company or its assets and is only used as a pricing guide.Financial management is the practice of planning, obtaining, managing and administering funds in a business.Assessment is the act of judging the value, amount or importance of a thing.You can learn more about bond values at
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The complete question is given below:
" the process of predicting what the market would pay for a company's investments and bonds is .
ValuationAppraisalFinancial ManagementAssessment "According to previous studies, 5% (or 1/20) of people passing through a metal detector at an airport trigger the detector. In a recent study, it considered 5 people who passed through the metal detector of that airport What is the probability that at most ("'at most") 2 people (who go through that metal detector) activate the detector?
The probability that at most 2 people activate the metal detector out of 5 is approximately 0.7738 + 0.2049 + 0.0255, which equals 0.0042 or 0.42%.
The detector is calculated as \((1 - 0.05)^5\)
The probability of 0 people activating the detector is approximately 0.7738.
The detector \((1 - 0.05)^4\). This probability is approximately 0.2049.
The detector \((1 - 0.05)^3\). This probability is approximately 0.0255.
A detector is a device or instrument used to identify or sense the presence, absence, or quantity of something. It is designed to detect specific signals, substances, events, or phenomena by converting them into measurable or observable outputs. Detectors are utilized in various fields, including science, engineering, industry, and security.
In scientific experiments, detectors are employed to capture and analyze different types of radiation, such as light, radio waves, X-rays, or particles. These detectors provide valuable information about the properties and behavior of the detected signals, aiding researchers in understanding the underlying phenomena. In industrial applications, detectors are utilized for quality control, safety monitoring, and process optimization.
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3. Which website did you use to find the image you used in your career presentation? Complete sentences are not necessary. (2.0 points)
Needed ASAP
The best kind of image to use for career presentation if you don't want to buy one is a Royalty-Free or Free License image.
How can you find Royalty-Free Images?In order to find and download Royalty-Free Images, you will need to run an internet search using the keyword "Royalty-Free Images" or "License-Free Images".
An image is a Royalty-Free Image if you are not required to pay before downloading it.
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If a student identifies "family doesn't have enough money for college" as a barrier to her long-term education goal, which of the following is not a sensible solution?
1. Change long-term career goal to a field that doesn't require college.
2. Research student loans and other grants online
3. Contact the college about scholarship opportunities.
4. Consult a recruiter about ROTC programs or the G.I. Bill.
Answer:
A.
Explanation:
If a student is facing financial issues for college fees he/she should not be discouraged as the federal government has reformed several financial aids.
The federal government of the United States understand the importance of education for the growth of child and nation as a whole, so they have invested in educational institution to help those students whose parents are unable to pay their college fees.
The unwise idea in such situation is to change long-term career goal. The student should not do this. Rather he/she should inquire about scholarship in their college, search for the grants and student loans, or consult a recruiter.
Therefore, option A is the correct answer.
When you complain to your supervisor that the new company software is not working correctly, you are using downward communication
O True
O False
Because downward communication occurs when information and messages flow down through an organization's formal chain of command.
Hope it helps...Answer:
False
Explanation:
downward communication is the flow of information and messages from a higher level inside an organization to a lower one.
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
The ______is a financial statement detailing a firm's assets, liabilities, and owners' equity.
A. balance sheet
B. statement of cash flows
C. manufacturing statement
D. income statement
The income statement is a financial statement detailing a firm's assets, liabilities, and owner's equity. Thus, option 'D' is the correct option.
What is an income statement?One of a company's financial accounts, an income statement or profit and loss account, lists the company's revenues and costs for a specific time period. It describes the process through which revenues are converted into net income or net profit.
A period of time is represented by an income statement (as does the cash flow statement). The balance sheet, on the other hand, only depicts one point in time. There are two ways to create an income statement. The Single Step Income Statement calculates the net income by adding up all receipts and deducting all costs.
In order to get at the net income, the Multi-Step income statement makes a number of calculations, beginning with the gross profit and moving on to operational expenditure estimation. then, after taking the gross profit into account, you get income from operations.
Therefore, option 'D' (income statement) is the correct option.
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If someone close to you come into millions of dollars how would you advise them to invest and why? 1-2 paragraphs
Answer:
1.Start with liquid generated income
2. Invest in real estate.
Cost-push inflation can contribute to a recession by increasing prices, which?
Cost-push inflation can contribute to recession by: increasing prices which reduces output and leads to lower employment and lower real incomes. Price increases, sometimes known as inflation, are essentially the progressive decline in purchasing power. The average price increase of selection of products and services over time can serve as a proxy for the rate at which buying power declines.
The rate at which the cost of goods and services increases is known as inflation. Those who own tangible assets, such as real estate or stored commodities, may benefit from inflation since it will increase the value of their holdings.
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The amount businesses have left after paying their rent, interest on debt, and employee costs is called profits.
True
False
Answer:
Answer above mine is incorrect, real answer is TRUE
Explanation:
PLEASE HELP ME I WILL GIVE BRAINLIEST!!!!!!!!!
Explain three ways a business can obtain reliable research on the needs, wants, and buying motivations of its target market.
To make smart decisions for themself and the company
By promoting/ selling the products
By making more money and sales
please mark brianliest, rate, thanks, commnet.
yours,
fellow brainiac
Three ways a business can obtain reliable research on the needs, wants, and buying motivations of its target market.
By keeping a look at trends and preferencesBy keeping surveys about customer tasteBy finding loopholes in the market process.What is research?Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.
Reliable research will be done through credential sources or direct interaction with the customers to know their tastes which helps in meeting tehir needs and wants and making improvements in the product.
This information can be obtained from analyzing the trends and preferences in the market which helps bsuines to know what is popular among people and make assumptions based on it.
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please i need help with this !!
Answer:
Save
Measure
Notes
Services
Money
Barter
Swapped
Forms