GDP is the money value of all final goods and services produced during a given period. Thus, the statement is true
Statement 1 Eileen spends $8 to order a mojito cocktail - Market for goods and services
Statement 2 Eileen earns $625 per week working for rowan and martin associates - Market for factors of production
Statement 3 clancy earns $325 per week working for little Havana - Market for goods and services
Gross home product is a monetary measure of the market value of all the final items and services produced in a particular term by way of nations. because of its complicated and subjective nature, this degree is often revised before being taken into consideration as a dependable
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If you see the letters "wh” on your paycheck, what do they stand for?
Which of the following activity consists of gathering information understanding the stakeholder needs?
Interviews are a fantastic way to gain a general picture of what stakeholders require, how they might engage with the new system, and what challenges they are currently facing.
The definition of elicitation activity?In essence, eliciting information from stakeholders to ascertain the needs for the solution is what elicitiation is all about. Discussions with stakeholders, research, experimentation, brainstorming, and contacting other sources for data are frequently included.
Which step of the requirements engineering process involves interacting with the system's stakeholders to ascertain their requirements?The procedures involve: Identification and comprehension of requirements Interacting with system stakeholders to learn about their needs is what this method entails. During this exercise, documentation and domain needs from stakeholders are also found.
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I got a hair cut that I did not wanted but my parents did. Can some one give me tips or tell me a way to make my hair grow faster?
which country in the world consumes the most coca-cola per capita?
Answer:
Mexico
Explanation:
Mexico.
The procedure requiring preparation of a prelisting of incoming cash receipts, with copies of the prelist going to the cashier and to accounting, is an example of which type of control? A. Detective. B. Corrective. C. Preventive. D. Directive.
The procedure requiring preparation of a prelisting of incoming cash receipts, with copies of the prelist going to the cashier and to accounting, is an example of a preventive control. Option C.
Preventive controls are designed to prevent errors or fraud from occurring in the first place. By having a prelisting of incoming cash receipts, the company can ensure that all cash received is properly accounted for and that any discrepancies can be detected early on. This helps to prevent any potential fraud or errors from occurring.
Additionally, the copies of the prelist going to both the cashier and accounting ensure that there is a separation of duties, which is another important aspect of preventive controls. By having different individuals responsible for different aspects of the accounting process, the company can reduce the risk of fraud or errors occurring.
In contrast, corrective controls are designed to correct errors or fraud after they have occurred, while detective controls are designed to detect errors or fraud after they have occurred.
Directive controls, on the other hand, are focused on directing or guiding individuals in their job duties, rather than preventing or correcting errors or fraud. So Option C is correct.
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definition of the term small business
Answer:
make me brainalist and keep smiling dudeExplanation:
Small business is defined as a privately owned corporation, partnership, or sole proprietorship that has fewer employees and less annual revenue than a corporation or regular-sized business.XYZ is an established business and has written a business plan in order to request additional funding from a local bank. Unlike a plan for a new business, their business plan will include which information?
Answer:
Growth Highlights
Explanation:
When a new business is to start up, and it requires funding it shall propose the business idea to investors, but it depends upon the discretion of investors whether or not to invest, and their results are dependent upon the expectations of the business idea.
Whereas when a established business requires further funds, it can state the statistical records and performance reports which shall highlight the growth achieved by the business already.
This shall ensure the investors about their returns in a more confident manner.
Funding from local bank shall include the growth results achieved till now, in order to create the investor confidence.
A country wants to create a fair economy for its people. The government takes control over the country's biggest companies and puts groups of workers in charge. All citizens are encouraged to share the wealth produced in these companies equally, This situation best reflects the influence of which economic thinker? O A. Adam Smith O B. Karl Marx O C. John Maynard Keynes O D. Thomas Robert Malthus
Answer:
B). Karl Marx
Explanation:
Karl Marx is the economic thinker whose influence has been best reflected in the given situation as it talks about socialism which is the intermediate phase between capitalism and attaining full communism as per Marx. Socialism advocates collective pr governmental ownership and administration of the means of production and distribution of goods as mentioned in this situation. It is the foundation to communist society (Marx's proposed version of an ideal economy) where the people hold the ownership of distribution of resources collectively. Thus, option B is the correct answer.
A CEO urges employees to buy stock in the company and then sells his/her personal stock because of
a coming change that will likely decrease the stock prices. The actions of the CEO showed
a. A keen business activity
b. Loyalty to the company
C. Unethical behavior
d. Honesty and integrity
Which of the following can a grocery store change in the long run?
A. the number of shelves, employees, and parking spaces in the parking lot
B. the type of grocery carts, magazine racks, and produce displays
C. the store location, sign on the storefront, and advertising on the media
D. all of the above
Answer:
I believe all of the above
Explanation:
went with what came to mind if its wrong very sorry.
A grocery store change, in the long run, is all of the above. Thus the correct option is D.
What is the importance of change?In order to remain in competition an organization needs to work on bringing change and innovation in the process as well as a product that helps them in achieving higher revenue by following trends and preferences.
If an organization adopts change frequently it shows its flexibility to cope with the demands of the market in order to meet the level of satisfaction of customers.
A grocery store that is planning to grow may eventually affect the number of shelves, staff, and parking places in the lot which helps in better services to their customers.
The design of the fruit displays, magazine racks, and grocery trolleys as well as the store's location, storefront sign, and media advertising can all help to increase sales and draw in more customers.
Therefore, option D is appropriate.
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When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must
When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.
This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.
To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.
Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.
Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.
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What steps to cultivate your mindset are most important for you?
Answer:
Focus on the good things. Challenging situations and obstacles are a part of life. ...
Practice gratitude. ...
Keep a gratitude journal.
Open yourself up to humor. ...
Spend time with positive people. ...
Practice positive self-talk. ...
Identify your areas of negativity. ...
Start every day on a positive note.
Explanation:
This is what i found
A goal is defined as the result or success toward which effort is directed.
O True
O False
Answer:
true
Explanation:
Competition among sellers (producers) lowers costs and prices, and encourages producers to produce more of what consumers are willing and able to buy.
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Answer:
A. Explain how the above (free market competition) would be an advantage for you, the consumer.
Free market competition is advantageous to the consumer because it promotes the supply of many goods and services, at a lower price than other market structures like oligopoly or monopoly.
In the free market, there are many firms, none have market power, and they produce goods and services that have many substitutes. This means that if a firm raises the price of a good, consumers simply flock to another firm that offers a similar product. This mechanism obliges firms to offer their goods at the market-clearing price, which is the best price for the consumer.
B. Describe how an oligopoly OR monopoly could inhibit competition among businesses.
Oligopolies ocurr when there are only a few firms in the market, and monopoly ocurrs when there is only one firm. These two market structures allow firms to charge higher prices than the market-clearing price, and to supply less quantity than the market-clearing quantity.
Besides, oligpolies and monopolies are characterized by high barriers to entry and exit, which keep potential competing firms out of market, inhibiting competition.
Suppose the government imposes a price ceiling of $70 on this market. What will be the size of the surplus in this market?.
The market surplus in this instance is 0 units. A market surplus happens when there is an excess of supply, or when the amount supplied exceeds the amount requested.
In this situation, some manufacturers won't be able to sell all of their goods. This will motivate them to lower their prices in an effort to make their market goods more enticing. A resource or good is said to have a surplus if there is more than is presently being utilised. A surplus can refer to a variety of items, such as cash, products, assets, and profits. An example of an economic excess is when someone sells something on an auction website.
What does "market economy" mean?
A market economy is a kind of capitalism in which a nation's companies and residents interact to determine economic policy and the cost of products and services.
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Why is it important to demonstrate a positive work attitude in the workplace?
O to be seen as trustworthy and reliable
O to be seen as coachable and flexible
O to be seen as willing to delegate tasks
O to be seen as easily persuadable
Answer:
the first one
Explanation:
if you aren't trustworthy you might not get as many opportunities in your workplace
What are the three types of money you should use when paying for college, and what type of money are scholarships and grants?.
Loans, grants, and work-study are the three categories of federal financial aid.
Grants are typically offered based on financial need, whereas scholarships are merit-based and given to students based on their academic performance, extracurricular involvement, field of study, and other factors.
Financial aid is cash that you are given or lent in order to help you pay for college. Financial aid that you don't have to pay back includes grants and scholarships. They are known as gift aid because of this.
Some college finance methods are:
Try to get a scholarship. Obtain a college grant by applying. Like scholarships, grants for college are based on financial need and are not repaid.Federal student loans and private student loans.Work study programmes at colleges.To know more about college scholarship refer to the given link:
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Discuss reasons why a business might choose to sell direct to customers through a website with e-commerce facilities, as opposed to through fixed (physical ‘bricks and mortar') premises.
Answer:
Businesses might prefer selling direct to customers through a website with e-commerce facilities because:
1. For covering a wider distance, distance is not a barrier.
2. For flexibility for customers, as some e-commerce even accepts cryptocurrency payments.
3. For product and price comparison.
4. For saving cost incurred from having fixed (physical ‘bricks and mortar') premises.
5. For saving the cost of paying workers.
6. For maintaining social distancing protocol given by the government especially during the pandemic. This doesn't put anyone at risk.
Explanation:
The question above asks for justifications why a business might choose to sell direct to customers through a website with e-commerce facilities rather than selling to customers through fixed (physical ‘bricks and mortar') premises.
First, selling to customers through a website with e-commerce facilities involve virtual transactions with customers paying for goods and services they are interested in over the internet. With this, customers can pay with their bank cards through e-commerce websites. While selling through fixed (physical ‘bricks and mortar') premises involve direct contact in-person with the customer and possibly payment is made in cash or through any other accepted methods.
1. Which of the following is likely to happen when a new business opens in a community?
Plz help me What makes a suspension bridge unique? (What does it have?)
Answer:
Modern suspension bridges are light and aesthetically pleasing and can span longer distances than any other bridge form. They are also among the most expensive bridges to construct. Though suspension bridges can be made strong enough to support freight trains, they have nearly all been designed for automobile traffic.
The main forces in a suspension bridge are tension in the cables and compression in the towers. ... The use of suspension bridges makes longer main spans achievable than with any other types of bridges, and they are practical for spans up to around 2 km or even larger.Suspension bridges get their name from the fact that the roadway is suspended by cables from two tall towers. Most of the weight is supported by the two towers. They, in turn, pass the compression forces from the cables directly into the ground. Suspension bridges also have smaller cables called suspenders.
The towers of most suspension bridges are made of steel, although a few have been built of steel-reinforced concrete.
Pros of a Suspension Bridge
It can span over long distances. Suspension bridges can span anywhere between 2,000 to 13,000 feet, which is farther than any type of bridge can accommodate. ...
It is inexpensive to build. ...
It is easy to maintain. ...
It is incredibly versatile. ...
It is aesthetically pleasing.
I have attached a model for visuals
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Miss Hawaii
Complete a departmental expense allocation spreadsheet for Marathon Running Shop. The spreadsheet should assign (1) direct expenses to each of the four departments, (2) the $64,000 of utilities expense to the four departments on the basis of floor space occupied, (3) the advertising department’s expenses to the two operating departments on the basis of the number of ads placed that promoted a department’s products, and (4) the administrative department’s expenses to the two operating departments based on the amount of sales.
Question Completion:
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. Utilities expense of $64,000 is an indirect expense to all departments.
Answer:
Marathon Running Shop
Allocation of service departments' costs to the operating departments:
Service Departments Operating Departments Total
Advertising Administrative Shoes Clothing
Departmental $18,000 $25,000 $103,000 $15,000 $161,000
Utilities 5,120 6,400 32,640 19,840 64,000
After Utilities 23,120 31,400 135,640 34,840 $225,000
Advertising -23,120 17,340 5,780 0
Administrative -31,400 24,492 6,908 0
Total allocated costs $177,472 $47,528 $225,000
Explanation:
a) Data and Calculations:
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
Total $161,000 14,000 $350,000
Allocation of Utilities Expense of $64,000
Rate
Advertising (1,120/14,000 * $64,000) = $5,120
Administrative (1,400/14,000 * $64,000) = $6,400
Shoes (7,140/14,000 * $64,000) = $32,640
Clothing (4,340/14,000 * $64,000) = $19,840
Advertising $ 18,000 + $5,120 = $23,120
Administrative 25,000 + $6,400 = $31,400
Shoes 103,000 + $32,640 = $135,640
Clothing 15,000 + $19,840 = $34,840
Advertising expenses consumed by:
Shoes 90/120 * $23,120 = $17,340
Clothing 30/120 * $23,120 = $5,780
Administrative expenses consumed by:
Shoes $273,000/$350,000 * $31,400 = $24,492
Clothing $77,000/$350,000 * $31,400 = $6,908
Chandler and Joey have ordered 1 large cheese pizza with 8 slices.
(a) Describe 2 different ways the pizza can be split that would be Pareto Efficient.
(b) Can Chandler and Joey move from 1 allocation of pizza described in part (a) to the other allocation described in part (a) while being Pareto improving? Explain.
(c) How else might Chandler and Joey construct a Pareto improving pizza transaction? Explain.
(d) How does your answer to part (b) illustrate the outcome of perfectly competitive markets? Explain.
The concept of Pareto efficiency is an economic concept used to describe a situation where no one can be made better off without making someone else worse off. In this scenario, Chandler and Joey have ordered a large cheese pizza with 8 slices, and the question is asking for different ways to split the pizza that would be Pareto efficient.
(a) There are many different ways to split the pizza that would be Pareto efficient. Two possible ways are:
Chandler and Joey each get 4 slices of pizza.
Chandler gets 6 slices of pizza, and Joey gets 2 slices of pizza.
In both of these allocations, it is not possible to make one person better off without making the other person worse off. This means that they are Pareto efficient.
(b) Chandler and Joey cannot move from one allocation of pizza described in part (a) to the other allocation described in part (a) while being Pareto improving.
This is because in order for one person to get more pizza, the other person must get less pizza, which means that the other person would be worse off. Therefore, any move from one allocation to the other would not be Pareto improving.
(c) Chandler and Joey could construct a Pareto improving pizza transaction by bringing in a third party who is willing to trade something of value for a portion of the pizza. For example, if Monica has ordered a small cheese pizza with 4 slices, Chandler and Joey could trade 2 slices of their large cheese pizza for 2 slices of Monica's small cheese pizza.
This would be Pareto improving because both Chandler and Joey would be better off with 6 slices of large cheese pizza and 2 slices of small cheese pizza, while Monica would be better off with 2 slices of large cheese pizza and 2 slices of small cheese pizza.
(d) The answer to part (b) illustrates the outcome of perfectly competitive markets because in a perfectly competitive market, the allocation of resources is already Pareto efficient. This means that it is not possible to make one person better off without making someone else worse off.
In this case, the allocation of pizza slices is already Pareto efficient, which means that it is not possible to make one person better off without making the other person worse off. This is similar to the situation in a perfectly competitive market, where resources are allocated efficiently and it is not possible to make one person better off without making someone else worse off.
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Insurance is an example of a(n)_______
A) fixed cost
B) opportunity cost
C) variable cost
D) none of the above
Answer:
Based on my research I believe that the answer is 'A. Fixed Cost'.
Explanation:
I hope this was helpful, have a blessed day.
ANSWER
Based on my research I believe that the answer is A- Fixed cost
Explanation
Fixed cost are those cost which are not output dependent .
Fixed cost are fixed till certain level of output.
Fixed cost per unit charges with output.
I hope this was helpful
I need suggestions and opinions on this first draft, please.
Answer:
It looks amazing! Great job!
4941551496 p.a.ssw.ord yaP2D2
CO.ME FA.ST ON ZO.O.M
Answer:
WHY FAST?
Explanation:
A new school building was recently built in the area. The entire cost of the project was $20,000,000. The city has put the project on a 20-year loan with an APR of 2.7%. There are 21,000 families that will be responsible for making monthly payments towards the loan. Determine the total amount that each family should be required to pay each year to cover the cost of the new school building. Round your answer to the nearest cent, if necessary.
Each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
To determine the total amount that each family should be required to pay each year to cover the cost of the new school building, we can follow these steps:
Calculate the total loan amount.
The loan amount is the cost of the project, which is $20,000,000.
Calculate the annual interest payment.
The annual interest payment can be calculated using the formula:
Annual Interest Payment = Loan Amount * Annual Interest Rate
Annual Interest Rate = APR / 100
In this case, the annual interest rate is 2.7% or 0.027.
Annual Interest Payment = $20,000,000 * 0.027 = $540,000
Determine the number of families responsible for payments.
There are 21,000 families responsible for making monthly payments.
Calculate the total amount each family should pay each year.
Total Amount per Family = Annual Interest Payment / Number of Families
Total Amount per Family = $540,000 / 21,000
Rounding the result to the nearest cent, each family should be required to pay approximately $25.71 per year to cover the cost of the new school building.
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An offeree whose acceptance is not a mirror of the offer has made a counter offer.
True
False
have profit responsibility for their product group and help retailers in maximizing the sales for the whole group of products not just the particular manufacturer's product. research analysts boundary spanners category managers early purchasers
Research analysts play a crucial role in gathering and analyzing data to provide valuable insights and recommendations for decision-making.
They assess market trends, consumer behavior, and competitive landscape to identify growth opportunities and inform strategic initiatives. By examining market research, conducting surveys, and analyzing industry data, research analysts provide valuable information that helps leaders make informed decisions regarding product development, marketing strategies, and overall business growth.
Boundary spanners are individuals who bridge the gap between different departments, organizations, or stakeholders. In the context of leadership, boundary spanners act as intermediaries between different groups, such as manufacturers and retailers. They facilitate effective communication, collaboration, and coordination between these parties to maximize sales and promote the success of the entire group of products. Boundary spanners establish and maintain relationships with retailers, understand their needs and preferences, and work towards mutually beneficial outcomes for all parties involved.
Category managers are responsible for managing a specific category of products within a retail setting. They oversee product assortment, pricing, promotions, and overall strategy for that category. In the context of leadership, category managers have profit responsibility for their product group and work closely with retailers to optimize sales and profitability across the entire range of products, not just the ones specific to their own manufacturer. They collaborate with manufacturers, negotiate terms, and develop strategies to drive overall category performance and meet consumer demand.
Early purchasers are individuals or organizations that are among the first to adopt or purchase a new product or technology. In the realm of leadership, understanding and targeting early purchasers can be crucial for successfully launching new products or entering new markets. Leaders need to identify and engage early purchasers, who often have influence and act as opinion leaders within their networks. By effectively appealing to early purchasers and addressing their needs and concerns, leaders can create momentum, generate positive word-of-mouth, and drive broader adoption of their products or services.
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whats an acrostic poem for economic
Answer:
An acrostic poem is a poem where certain letters in each line spell out a word or phrase. Typically, the first letters of each line are used to spell the message, but they can appear anywhere.
Here are some examples I found for economic.
The information regarding the acrostic poem for economic should be explained below:
The following information should be considered:
An acrostic poem is a poem in which certain letters in each line spell out a word or phrase. Typically, the first letters of each line are applied to spell the message, however they can appear anywhere.Learn more: https://brainly.com/question/4626564?referrer=searchResults
Excited to buy her dream car, Molly rushes into her local Volkswagen dealership. Molly picks out a
car, sits down at the financing desk, and hears the following:
"Well, we ran your credit history. You've got a really thin file -- just a year's worth of student
loan payments. The deal you saw was for 'well qualified buyers. The best deal we can offer
you is 6.6% for 60 months. A little more bad news -- the cash allowance is also based on
credit history, so you don't qualify for $500. That said, you're excited about a Volkswagen,
and I want to see you driving one, so I can do $400 for you!"
9. Molly still has a $2500 down payment. How much loan does Molly need?
10. How much will Molly's monthly payment be using the Bankrate calculator?
11. How much total interest will molly pay using this plan?
12. How many is the total cost of her car after all together?
9. The amount of loan that Molly needs with a $2,500 down payment is $22,100.
10. Molly's monthly payment is $433.
11. The total interest Molly will pay under this plan is $3,907.
12. The total cost of Molly's car is $28,507.
Loan Amount:Required cash allowance = $500
Qualified cash allowance = $400
Down payment = $2,500 (typically 10% of value)
Total price of car = $25,000 ($2,500/10%)
Loan required = $22,100 ($25,000 - $2,500 - $400)
Interest and Periodic Payment:N (# of periods) = 60 months
I/Y (Interest per year) = 6.6%
PV (Present Value) = $22,100
FV (Future Value) = $0
Results:
PMT = $433.45
Sum of all periodic payments = $26,007
Total Interest = $3,907
Total Cost of the car to Molly:Down payment = $2,500
Total periodic payments = $26,007
Total cost = $28,507 ($26,007 + $2,500)
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