Revision of a completed and approved budget should be done whenever actual events differ significantly from those envisioned whenever the budget was prepared.
So, the correct option is A.
Examining the current budget and comparing the allotted funds with the actual spending in light of previous experiences is the first stage in the revision process. The five goals of budgeting systems are: forcing planning, facilitating communication and coordination, determining the optimal resource allocation, setting a standard for measuring profit and operations, evaluating performance, and offering rewards.
Budget revisions can be required if the expected expenditures today differ from the initial or most recent budget that the sponsor has approved. Increases (or reductions) in funding levels or the need to reallocate planned cash across expense categories within a project are two reasons to revise a budget.
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If a 20% increase results in a price of $6.36, what was the price before?
Answer:
$5.09 cents
Explanation:
Given the following question:
20% of 6.36
In order to find the answer, we will calculate using the formula for percentages then subtract that answer from the initial amount to have our answer.
\(\frac{p\times n}{100}\)
\(\frac{20\times6.36}{100}=20\times6.36=127.2\div100=1.272\)
\(=1.272\)
Round:
\(1.272\)
\(2 < 5\)
\(1.27\)
Now subtract:
\(6.36-1.27=5.09\)
\(=5.09\)
After a 20% decrease the price is now "$5.09 cents." Which means this was the price before the 20% increase.
Hope this helps.
How to be a successful entrepreneur?
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
discuss two reasons why a multinational company would choose to build a manufacturing facility in india and/or china rather than in the united states or europe.
Multinational companies may choose to build manufacturing facilities in India and China rather than in the United States or Europe for two primary reasons: lower labor costs and access to emerging markets.
Firstly, labor costs in India and China are significantly lower than those in the United States and Europe. These countries have large populations, providing a vast pool of workers for companies to employ. By taking advantage of lower wage rates, multinational firms can reduce production costs and improve their overall profitability.
Secondly, building a manufacturing facility in India and China allows companies to tap into emerging markets more effectively. Both nations are experiencing rapid economic growth and a rising middle class, which represents a significant opportunity for businesses to expand their customer base. By manufacturing products closer to these markets, companies can reduce transportation costs and ensure a faster delivery of goods, ultimately enhancing their competitiveness in these regions.
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short-term exposure to exchange rate risk can be reduced by importing raw materials and using
Short-term exposure to exchange rate risk can be reduced by importing raw materials and using hedging strategies.
Importing raw materials can help reduce exchange rate risk because it allows business to diversify their sourcing and avoid relying solely on domestic suppliers.
importing raw materials from different countries, businesses can take advantage of favorable exchange rates and potentially mitigate the impact of currency fluctuations.
Additionally, hedging strategies can be employed to manage exchange rate risk in the short term. Hedging involves taking positions in financial instruments that offset the potential losses from adverse currency movements. For example, businesses can use currency forward contracts, s, or futures contracts to lock in exchange rates for future transactions and protect themselves against unfavorable currency fluctuations.
By combining the use of imported raw materials with hedging strategies, businesses can reduce their vulnerability to short-term exchange rate volatility. However, it's important to note that hedging strategies come with their own costs and considerations, and they may not completely eliminate exchange rate risk. Long-term exposure to exchange rate risk may require additional strategies such as establishing foreign subsidiaries, implementing pricing adjustments, or considering currency diversification in the company's operations.
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A college-educated woman waits until age 32 before she has her first child because she wanted to establish her own business first. based on our studies of fertility rates, this woman is most likely a citizen of __________. a. a highly developed nation with an aging population b. an underdeveloped nation with a young population c. a nation with a high total fertility rate d. a nation where most citizens practice subsistence agriculture please select the best answer from the choices provided. a b c d
How many manufacturing companies are in the north Georgia area
Answer:in addition to being a right-to-work state, with low unionization rates (2.5%), our quality workforce is one reason why companies in automotive, machinery, and plastics industries are experiencing high job growth. Whether you are looking for engineering talent to further innovation in products or processes, or a skilled labor force to work on the plant floor, Georgia has the existing and future workforce to fulfill your hiring needs. Georgia is home to many companies with a history of innovation that has impacted their.
When you compose a message, you want your audience to find the information it needs quickly and to understand it. Your message should be easy to read and comprehend.
Strategic use of white space improves document readability. Which of the following techniques employ white space? Check all that apply.
Using bulleted and numbered lists
Using headings
Using justified alignment
Breaking paragraphs into shorter chunks
Margins determine the reading area of a document.
Complete the following sentence about margins and alignment with the best choices.
Business letters and memos usually have margins of and are usually on the left.
Typeface, font, and size influence how your message is read.
Review the selection, and determine whether the following statement about typeface and font is true or false.
A WIDE variety of typefaces are available for business writers. Different typefaces suggest different purposes and occasions.
When composing a message, it is crucial to ensure that the intended audience can quickly find the required information and understand it.
By improving the readability of the document, the strategic use of white space may assist with this. Bulleted and numbered lists Using headings Breaking paragraphs into shorter chunks
The technique of using justified alignment is not included in the list as it does not employ white space.Margins determine the reading area of a document. Business letters and memos usually have margins of 1 inch, and the text is typically left-aligned.Typeface, font, and size can influence how your message is read.
A wide variety of typefaces are available for business writers, and different typefaces may suggest different purposes and occasions. As a result, the statement about typeface and font is true.
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acquired for 27240000 the fair value of all hillsides identifiable tangible and intangible assets was 24000000 will amoritze any goodwill over the maximum number of years allowed. what is the annual amortiation of goodwill for this acquisition
The given question is a spam and also an incomplete question, not properly framed.
The correct question should be:
Black, Inc., acquired another company for $27240000. The fair value of all identifiable tangible and intangible assets was $24,00,00,000. Black will amortize any goodwill over the maximum number of years allowed. What is the annual amortization of goodwill for this acquisition.
The below answer is given keeping in mind the above question.
The correct answer is "Zero (0)". As goodwill is never amortized, thus, The annual amortization of goodwill for the acquisition will be zero.
Annual amortization applies specifically for an asset which is responsible for a different corporation's or business's extra purchasing amount, is considered as Goodwill.
Goodwill commodities are confidential, intellectual properties or copyright and trademark awareness that aren't commonly produced. Therefore it isn't amortized. Goodwill talks about the valuation, the reputation of a business. Higher the value of Goodwill, higher is the value and more reputed the business is.
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who is the supervisory body for the federal reserve system?
Answer:
The Board of Governors--located in Washington, D.C.--is the governing body of the Federal Reserve System. It is run by seven members, or "governors," who are nominated by the President of the United States and confirmed in their positions by the U.S. Senate.
Explanation:
when the aggregate price level increases, firms in perfectly competitive markets will:
When the aggregate price level increases, firms in perfectly competitive markets will typically experience an increase in their revenues.
This is because the higher price level allows firms to sell their output at higher prices, resulting in increased total revenue. However, in perfectly competitive markets, firms face a horizontal demand curve, meaning they cannot individually influence the price of their products.
Therefore, firms are likely to face higher input costs as well, including wages and raw materials, due to the general increase in prices throughout the economy. As a result, the increase in revenues may be offset by higher costs, potentially leading to reduced profitability or narrowing profit margins for firms in perfectly competitive markets.
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Where would you measure angles?
A) Driveline components
B) Bolt
C) Fasteners
D) All of the above
Driveline components (option A) are where I would measure angles.
What is angle measurement?The amount of rotation from point A to point B is described as an angle measurement. It is important to mention that the if the rotation is carried in a clockwise direction, then such an angle is called a positive angle. If the rotation is carried out in the anticlockwise direction. Then such an angle is called a negative angle.
Driveline components are described as the various components in a vehicle that allows the wheels to rotate by transferring power to the wheels from the transmission. Angles are measured in a driveline and the angle is kept within one degree with respect to the other components.
It can be concluded that driveline components (option A) are where I would measure angles.
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Which of the following ways is not something you can do to protect yourself against sending payments to the wrong person when using a p2p payment app or service
Use a PIN to access your P2P app or service. In this way we can do to protect ourselves against sending payments to the wrong person when using a p2p payment app or service.
What is P2P app or service?
Peer-to-peer services are platforms that link participants to a transaction directly, cutting out the middleman.
Peer-to-peer services use technology to reduce the transaction costs associated with asymmetries in information, enforcement, and trust that have historically been handled by relying on third intermediaries.
Peer-to-peer systems provide its customers with services including money processing, buyer and seller data, and quality assurance.
File-sharing platforms, such the music-sharing programme Napster, which debuted in 1999, helped popularise the peer-to-peer model of today. Millions of internet users were able to immediately connect, establish groups, and work together through the peer-to-peer movement to construct their own search engines, virtual supercomputers, and file systems.
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Corporate directors may be favorably biased in assessing their own
CEO
and set their
CEO
pay at the end of the peer group. This drives other companies to pay their CEOs because peer group norms go up. This is one explanation for the sharp in CEO pay over time. low, less, "ratchet effect", decrease low, more, "peer group effect", increase high, less, "peer group effect", decrease high, more, "ratchet effect", increase
Directors evaluated the CEO's performance in five crucial areas: partnerships with external constituencies, people management, operating metrics, and leadership.
The relationship between the concentration of CEO ownership and the size of the company reflects broader ownership changes during the course of the organization. Such CEO ownership standards are more likely to be disclosed by organizations with dispersed ownership than by controlled companies or those where the CEO already has a substantial amount of voting power. Despite having typically little voting power at their companies, U.S. CEOs have substantial financial stakes in the stock they control. Our calculations place the median value of S&P 500 CEOs' stock holdings at $54.6 million.
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Uggest sional presidents. Problem 12. 3 (LO2) Return on Investment Consider the following information for McKinley and Son: 12/31/2020 12/31/2021 Total assets $55,000,000 $62,000,000 1,100,000 1,320,000 Noninterest-bearing current liabilities Net income 3,300,000 3,400,000 Interest expense 726,000 770,000 Tax rate 20% 20% Required a. Calculate ROI for 2020 and 2021. Round ROI to four decimal places. B. While income has increased in fiscal 2021, is it clear that the company's performance has improved? Problem 12. 4 (L02) Residual Income/Economic Value Added Consider the following information for Executive Electronics:
The question provides financial information for McKinley and Son, including total assets, noninterest-bearing current liabilities, net income, interest expense, and tax rate for the years 2020 and 2021. The task is to calculate the return on investment (ROI) for both years and determine if the company's performance has improved based on the increase in income.
To calculate ROI, the formula is: Net Income / Total Assets. Using the given information, we can calculate the ROI for 2020 and 2021 by dividing the respective net income by the total assets for each year. The ROI is rounded to four decimal places.
To determine if the company's performance has improved, we need to compare the ROI for the two years. If the ROI has increased, it indicates that the company's profitability in relation to its assets has improved. However, other factors should also be considered to make a conclusive assessment of the company's overall performance.
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of the three primary tools the federal reserve uses to conduct monetary policy, the tool used most often is
Of the three primary tools the federal reserve uses to conduct monetary policy, the tool used most often is the open market operation.
Monetary policy are policies taken by the Federal reserve to affect the level of aggregate demand in the economy.
Tools of monetary policy:
1. Open market operations : It is when the Feds either sell bonds to the public or buys bonds from the public. When the Fed buys bonds, it is known as contractionary policy. When it buys bonds, it is known as an expansionary policy.
2. Reserve Requirement : Reserves are the proportion of deposits required by the central bank that banks keep. If reserve requirement is increased, ,money supply in the economy decreases and if it is decreased, money supply increases.
3.Discount rate : this is the rate at which the central bank lends to commercial banks. An increase in discount rate is a contractionary policy while an decrease in discount rate is an expansionary policy .
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TRUE/FALSE.Logistics management can provide a competitive advantage through improved customer service.
The statement "logistics management can provide a competitive advantage through improved customer service" is True, by increasing delivery speed, reducing costs, optimizing inventory levels.
What is Logistics management?Logistics management is the process of planning, implementing, and controlling the efficient and effective flow of goods, services, and related information from the point of origin to the point of consumption. By optimizing this process, a company can achieve a competitive advantage in several ways.
First, improved logistics management can lead to faster delivery times. When products are delivered to customers more quickly, customer satisfaction increases, and a company becomes more competitive in the market.
Second, efficient logistics management can reduce the cost of transportation and warehousing, allowing companies to offer their products at more competitive prices. This cost reduction can translate to better margins for the company, as well as lower prices for customers.
Third, effective logistics management can minimize inventory levels while ensuring the availability of products when customers need them. By maintaining a balanced inventory, a company can avoid both stockouts and overstock situations, leading to better customer service and satisfaction.
Lastly, logistics management can enhance communication and collaboration among all parties involved in the supply chain, such as suppliers, manufacturers, retailers, and customers. Improved communication can result in better decision-making and more accurate demand forecasting, ultimately leading to higher levels of customer service.
In summary, effective logistics management can provide a competitive advantage through improved customer service by increasing delivery speed, reducing costs, optimizing inventory levels, and enhancing communication within the supply chain.
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In The Iowa Car Crop, Steven Landsburg argues that importing cars from Japan and exporting wheat from Iowa is analogous to...
A) importing wheat.
B) exporting cars.
C) growing cars in Iowa.
D) growing wheat in Japan.
In The Iowa Car Crop, Steven Landsburg argues that the importing of cars from Japan and exporting wheat from Iowa is analogous to growing cars in Iowa. Thus option (c) is the answer.
What role does comparative advantage play in global trade?According to the principle of comparative advantage, countries would engage in international trade while exporting the goods in which they have a comparative advantage. Everyone and every country cannot have a comparative advantage in every good.
In an economic model, if agents can produce a specific good at a lower relative opportunity cost than their rivals, they will have a comparative advantage over those rivals in that particular good's production. When referring to international trade, the term "comparative advantage" describes the products that one nation can create more quickly or inexpensively than another. As a result, someone else or some other country will be able to create some things at a lower opportunity cost.
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In what kind of nation are members of a society most likely to have good educational opportunities?
a developing nation
a developed nation
a country emerging from an economic and political crisis
an underdeveloped nation
Answer:
a developed nation for states
If a hospitality operation's sales are too low, total revenue
a. will cover variable, but not fixed costs
b. may create profits, but may still not cover fixed costs
c. may be insufficient to cover fixed and variable costs
d. will cover fixed, but not variable costs
If a hospitality operation's sales are too low, total revenue may be insufficient to cover fixed and variable costs.
The correct answer to the given question is option c.
The total revenue is the total amount of money that a hospitality operation makes by selling its products or services. The hotel’s or resort’s revenue is the sum of all the money received for services provided to the customers.The sales revenue is affected by the number of rooms occupied and the amount of time that the guests spent at the facility. The costs incurred during operations are the variable and fixed costs.
Variable costs are those expenses that increase or decrease with an increase or decrease in business volume. For example, the cost of food, wages paid to employees, etc.Fixed costs, on the other hand, are expenses that remain constant irrespective of the business's volume.
For instance, rent, utility bills, insurance premium, etc. are fixed costs.If a hospitality operation’s sales are too low, it may be insufficient to cover fixed and variable costs. Therefore, the correct answer is option C. If the sales are too low, the revenue generated may not be enough to cover the costs incurred during operations. It can lead to losses or financial instability.
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Outline two possible problems to HSN of many employees leaving.
Critical path analysis helps us determine which characteristic of a project?
A. Time to complete
B. Activity predecessors
C. Cost
D. Number of employees
For the purpose of ensuring that the entire project is finished on time, critical path analysis explicitly identifies the tasks that must be finished on time. It also shows which tasks may be postponed in case resources
The correct answer is A
What does critical path analysis entail?Description: A project-management technique called critical path analysis lists all the steps that must be taken to complete a task, estimates how long each step will take, and shows how the steps relate to one another.
What Exactly Is Critical Path?Project managers use the critical path evaluation (CPA) technique, which involves outlining each crucial job required to finish a project. It entails determining the length of time required to complete each task as well as the relationships between each action and
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choose the random variables from this set that are discrete. select all that apply.
The random variables from this set that are discrete:
The number of concert tickets sold.The number of people riding on a bus.A discrete probability distribution counts occurrences with finite or countable outcomes. Discrete distributions differ from continuous distributions in that outcomes can occur anywhere along a continuum. The binomial, Poisson, and Bernoulli distributions are common examples of discrete distributions.
To simulate a discrete probability distribution, a discrete random variable is utilized. Such a random variable serves two fundamental purposes. The probability mass function and the probability distribution function or cumulative distribution function are two examples.
complete question
Choose the random variable from this set that are discrete. Select all that apply.
The number of concert tickets sold.
The number of people riding on a bus.
The lifespan of a parakeet.
The height of a person from a class of eight.
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If a portion of a supply curve in a labor market is backward bending:
Group of answer choices
an increase in wages will lead to an increase in the quantity of labor supplied.
the income effect dominates the substitution effect on that portion of the supply curve.
people have not yet reached their target income.
the substitution effect dominates the income effect on that portion of the supply curve.
the higher wage rate leads to an increase in the quantity of labor supplied because the worker has an increase in income.
If a portion of a supply curve in a labor market is backward bending, the income effect dominates the substitution effect on that portion of the supply curve. This statement is true. The backward-bending supply curve of labor means that when the wage rate rises, labor supply initially rises, but eventually, the higher wage leads to a fall in the number of hours worked by an individual.
The substitution effect is the effect of a wage change on labor supply caused by a change in the relative cost of leisure. When the wage rate rises, the cost of leisure increases relative to the income earned from working, so workers substitute leisure for labor, reducing the quantity of labor supplied.
The income effect is the effect of a wage change on labor supply caused by a change in the worker's income. When the wage rate rises, the worker's income increases, which can cause them to work more or less.
The income effect is divided into two parts: the substitution effect and the income effect on the worker's overall well-being. On a backward-bending supply curve, the income effect dominates the substitution effect because, as the wage rate rises, the worker's income rises, and the higher income causes them to work more. In other words, the higher wage rate leads to an increase in the quantity of labor supplied because the worker has an increase in income.
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Calculate the amount of interest on an investment of AED 122,893 at 8% simple interest for 4 years. QUESTION 2 Makammad takes out a loan of $4,272, at 8% simple interest, for 8 years. How much will he pay back at the end of year 8? QUESTION 3 If you deposit today $6,773 in an account for 6 years and at the end accumulate $20,407, how much compound interest rate (rate of retum) you carned oa this investment ? QUESTION 4 You will deposit 19,211 at 10% simple interest rate for 6 years, and then move the amount you would receive to an investment account at 14.5 compound rate for another 3 years. How mach money would you have at the end of the entire period?
1. AED 122,893 at 8% simple interest for 4 years = AED 39,341.44 interest.
2. $4,272 loan at 8% simple interest for 8 years = $6,522.24 repayment.
3. Compound interest rate on $6,773 investment accumulating to $20,407 over 6 years. 4. Final amount after 6 years at 10% simple interest and 3 additional years at 14.5% compound rate.
1. To calculate the amount of interest on an investment of AED 122,893 at 8% simple interest for 4 years, we can use the formula: Interest = Principal x Rate x Time.
Interest = 122,893 x 0.08 x 4 = AED 39,341.44.
2. To calculate how much Makammad will pay back at the end of year 8 on a loan of $4,272 at 8% simple interest, we can use the formula: Total Amount = Principal + (Principal x Rate x Time).
Total Amount = 4,272 + (4,272 x 0.08 x 8) = $6,522.24.
3. To calculate the compound interest rate earned on an investment, we can use the formula: Compound Interest = \(Principal x (1 + Rate)^{Time} - Principal\)
\(20,407 = 6,773 * (1 + Rate)^6 - 6,773\)
Solving this equation will give the compound interest rate earned on the investment.
4. To calculate the amount of money at the end of the entire period, we need to calculate the interest earned during the first 6 years and then compound that amount at a rate of 14.5% for another 3 years.
First, calculate the interest earned during the first 6 years: Interest = Principal x Rate x Time = 19,211 x 0.10 x 6 = $11,526.
Next, calculate the amount after 6 years: Amount = Principal + Interest = 19,211 + 11,526 = $30,737.
Finally, compound the amount at a rate of 14.5% for 3 years: Final Amount =\(Amount * (1 + Rate)^{Time\) = \(30,737 * (1 + 0.145)^3\).
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How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,400, the monthly sales volume increases by 100 units, and the total monthly sales increase by $9,500
The net operating income will increase by $6,600 per month if the monthly advertising budget increases by $8,400, the monthly sales volume increases by 100 units, and the total monthly sales increase by $9,500.
First, let's calculate the current net operating income (NOI) before any changes are made. We can use the formula:
NOI = Total monthly sales - Total monthly expenses.
We are not given the total monthly expenses, but we can calculate them using the information given.
Total monthly sales = $150 x 100 units
= $15,000
Total monthly expenses = Total monthly sales / 0.60 (60% is the expense ratio given in the question)
Total monthly expenses = $15,000 / 0.60 = $25,000
NOI = Total monthly sales - Total monthly expenses
NOI = $15,000 - $25,000NOI = -$10,000 (negative NOI means that the business is currently losing money)
Now we can calculate the new NOI using the given information.
The monthly advertising budget is increasing by $8,400, so the new total monthly expenses will be:
Total monthly expenses = $25,000 + $8,400 = $33,400
The monthly sales volume is increasing by 100 units, so the new total monthly sales will be:
Total monthly sales = $150 x 200 units = $30,000
The total monthly sales are increasing by $9,500, so we can calculate the new price per unit:
New price per unit = ($15,000 + $9,500) / 100 units
New price per unit = $24.50
Now we can calculate the new NOI:
New NOI = Total monthly sales - Total monthly expenses
New NOI = $30,000 - $33,400
New NOI = -$3,400 (still negative, but an improvement from the original NOI)
To calculate the increase in NOI, we need to find the difference between the new and old NOI:
Increase in NOI = New NOI - Old NOI
Increase in NOI = -$3,400 - (-$10,000)
Increase in NOI = $6,600
Therefore, the net operating income will increase by $6,600 per month if the monthly advertising budget increases by $8,400, the monthly sales volume increases by 100 units, and the total monthly sales increase by $9,500.
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A hurricane damages crops in Florida. What factor will impact economic conditions?
unemployment rates
NI natural disaster
inflation rates
government policy
Answer:
NI natural disaster i think
Explanation:
Discuss the likely impact on papua new guinea if its copper and gold mines become exhausted?
Answer:
miners might stop making income resulting in a shortage of money thus lowering income in new guinea. The mines will also be turned to landfills. which means more areas to fill with waste and dirty garbage.
Explanation:
Write a draft of your goodwill message.
The draft should include these elements:
a less formal greeting
more specific details
simple language
phrases to make the message feel spontaneous and selfless
phrases to convey sincere feelings
The market demand curve for any good is: a. the vertical summation of individuals' demand curves. b. independent of individuals' demand curves for the good. c. derived from the firm's marginal cost of production. d. the horizontal summation of individuals' demand curves
The market demand curve for any good is the vertical summation of individuals' demand curves. The correct answer to your question is A.
This means that the overall demand for a product in the market is the sum of the demand of all individual consumers for that product. Each individual's demand curve shows the relationship between the price of a good and the quantity of the good they are willing to purchase.
By adding up all the individual demand curves, we can derive the market demand curve which shows the total quantity of the good demanded at different prices. This information is important for firms to make decisions about pricing and production levels.
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Which method of business integration is classified as a "holding company" of three or
more unrelated sectors of companies' stock? (Hint: we said in class that they're doing a
"stock project"...for real.)
A-horizontal
B-vertical
C-multinational
D-conglomerate
The method of business integration that is classified as a "holding company" of three or more unrelated sectors of companies' stock is
D-conglomerate.What is conglomerate?A conglomerate is a type of business that consists of a group of companies that are involved in different industries or sectors. A conglomerate may be formed by a holding company, which is a company that does not produce goods or services itself but owns other companies' stocks. The holding company exists to manage and control these companies, each of which operates independently in its respective industry.
Unlike a vertical or horizontal integration, where a company seeks to control the entire supply chain or a particular stage of production within an industry, a conglomerate is typically involved in unrelated businesses that have little or no connection with one another.
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