the following scenarios describe the price elasticity of supply and demand for a particular good: inelastic demand, elastic supply elastic demand, elastic supply inelastic demand, inelastic supply elastic demand, inelastic supply all else equal (equilibrium price, equilibrium quantity, and size of the tax), in which scenario will government revenues be the highest? multiple choice inelastic demand, inelastic supply elastic demand, elastic supply elastic demand, inelastic supply inelastic demand, elastic supply
Answers
Government revenues will be highest in the scenario of inelastic demand, where supply is elastic.
Elasticity of demand refers to the responsiveness of quantity demanded to a change in price. Inelastic demand means that quantity demanded does not change much with a change in price, while elastic demand means that quantity demanded changes significantly with a change in price.
Elasticity of supply refers to the responsiveness of quantity supplied to a change in price. Elastic supply means that quantity supplied changes significantly with a change in price, while inelastic supply means that quantity supplied does not change much with a change in price.
When demand is inelastic and supply is elastic, a tax on the good will be largely borne by consumers, as they will continue to demand the good even at a higher price, while producers can easily adjust their supply to the new market conditions. This means that the government will be able to collect a higher tax revenue without reducing the quantity of the good sold in the market. In contrast, if either demand or supply is elastic, the tax burden will be shared between consumers and producers, and the government may not be able to collect as much revenue.
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Related Questions
Someone has shared some information with you without proof, therefore you dismiss it as a __________. Later on that day, you hear others repeating the information, you now realize that everyone involved in sharing the unofficial information, has become a part of the _________________.
Answers
Answer: Rumors
Explanation: i had this topic last year
On September 1, Best Company began a contract to provide services to Dildwood Company for six months, with the total $10,800 payment to be made at the end of the six-month period. Equal services are provided each month The firm uses the account Fees Receivable to reflect amounts due but not yet billed. What proper adjusting entry would Best Company make on December 31, the end of the accounting period (no previous adjustment has been made)? Select one:A. Cash 7.200 Service Fees Earned 7.200B. Fees Receivable 10.800 Service Fees Earned 7.200 Unearned Service Fees 3.600C. Fees Receivable 7.200 Service Fees Earned 7.200D. Unearned Service Fees 7.200 Service Fees Earned 7.200E. None of the above
Answers
The proper adjusting entry would Best Company make on December 31, the end of the accounting period with no previous adjustment has been made is as follows:
Here are the journal entries:
Pending charges $7,200 ($10,800 * 4 months ÷ 6 months)
Earn $7,200 in service fees
(This tracks the service fees earned)
Fee charges are debited to increase assets and service fees generated are credited to increase sales.
So this diary should be recorded
Transactions are recorded in accounting journals that show the company's debit and credit balances.
Journal entry is the act of maintaining or recording economic or non-economic transactions.
A journal entry can consist of multiple entries, each representing either a debit or a credit. The total debits must equal/match the total credits. Otherwise, the journal is considered unbalanced.
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Complete question:
On September 1, Best Company began a contract to provide services to Dildwood Company for six months, with the total $10,800 payment to be made at the end of the six-month period. Equal services are provided each month. The firm uses the account Fees Receivable to reflect amounts due but not yet billed.
What proper adjusting entry would Best Company make on December 31, the end of the accounting period (no previous adjustment has been made)?
the guy who put letters in math is the reason im failing in geometry im just like
Answers
Answer:
I did that because I wanted to earn points, and alas. I wasnt sure how to other than this.
Explanation:
What does good customer service include?
Answers
Answer:
Before entering an interview for a customer service job, get a handle on what good customer service means to you. Good customer service typically means providing timely, attentive, upbeat service to a customer, and making sure their needs are met in a manner that reflects positively on the company or business. Explanation: it is
Answer:
Great customer service means following best practices like valuing customers' time, having a pleasant attitude, and providing knowledgeable and resourceful resources, but that you also take things a step further to exceed — rather than just meet — expectations.
Explanation:my mom works for customerservice
What is an example of a common part of a company's brand that would be represented in television
commercials?
Answers
Answer:
logos, product, company's name, :DDD and endorsers
19. Which medium has the advantage of moving images, sound, and portability in business?
*
(1 Point)
Newspapers
Transit Media
Internet
Radio
Answers
Answer:
Internet
Explanation:
Newspapers can be online, but they are originally on paper, transit media is on billboards or the sides of cars, and the radio is definitely not it.
define protectionism
Answers
Answer:
the theory or practice of shielding a country's domestic industries from foreign competition by taxing im
Tickets to a fundraiser are $14 if purchased ahead of time and $25 if purchased at the door. The total amount raised from all ticket sales was $625. If eleven tickets were purchased at the door, how many tickets were purchased ahead of time?.
Answers
($14)(25)=$350
($25)(11)=$275
$350+$275= $625
Please help!! Unit test question 50 pnts!!!! Kyle is applying to be a police officer. In his interview, he describes that he loves watching the news and following current cases. He explains that he is honest, caring, compassionate, and has a very deep sense of integrity. He then explains that he is in excellent physical condition and trains regularly in hand-to-hand combat. He tells them that he is a member of the Police Explorers, a group that trains and rides along with the local police. He also tells them that he graduated at the top of his class and was a state finalist on the mock trial team. Which table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences? A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; physical condition and training; following cases on the news; honest, caring, compassionate, has integrity; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers; physical condition and training; following cases on the news. A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; physical condition and training; grades and mock trial finalist; honest, caring, compassionate, has integrity; Explorers.
Answers
The table is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers. The correct option is (B).
What do you mean by skills, interest?Passion (or Interests): Do I enjoy engaging in this activity? something that you enjoy doing? Is this an activity I have the talent (or skills) for?
There are three categories of skills: self-management, functional, and specialised knowledge. Functional skills are innate aptitudes or capabilities that are refined through practice and education.
Therefore, the table accurately lists Kyle’s personal interests, skills, achievements, values, and experiences is A 2-column table with 5 rows. Column 1 has entries Personal interests, Skills, Achievements, Values, Experiences. Column 2 has entries following cases on the news; honest, caring, compassionate, has integrity; grades and mock trial finalist; physical condition and training; Explorers.
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1,Darla completed a two-year degree to become a registered nurse, but she still must work under the supervision of another nurse. In order to work without supervision, she needs to complete the next level of college education. What is this degree called?
an associate degree
a bachelor’s degree
a master’s degree
a doctorate degree
2.Zane works out in the ocean installing huge wind turbines to provide the coastal communities with clean energy. The Energy cluster pathway that Zane works in is _____.
Environmental Resources
Energy and Power Technology
Telecommunications
Plant Systems
3..
Biology is a good course to study if a person wanted to pursue the Health Sciences career cluster.
True
False
4.Violet has planned a career in public service. She hopes, one day, to be a state senator. What job would be a step along her pathway?
an apprenticeship with a master boat builder
an unpaid internship at a radio station
a paid internship at a local government office
an associate degree program in art history
5.Hiro is a professor of mathematics at a university. He goes by the title “Doctor.” What does this indicate about Hiro’s education?
Hiro studied medicine before he switched to mathematics.
Hiro attained a bachelor’s degree in mathematics.
Hiro graduated from medical school.
Hiro attained a doctoral degree in mathematics.
6..
Reggie works in the Health Science career cluster. He is a physical therapist who assists those who have suffered from strokes to regain their speech. The Health Science career pathway Reggie works in is _____.
Biotechnology Research and Development
Diagnostic Services
Health Informatics
Therapeutic Services
7.Jamal studies infectious diseases in a lab. He experiments with different cells to see how they react to viruses and bacteria. Then he tries to derive solutions to keep the cells healthy. Jamal’s job is part of the Biotechnology Research and Development pathway of the Health Sciences cluster.
True
False
8.
Amanda holds a bachelor’s degree in veterinary science. Her career falls under the Animal Systems pathway in the Agriculture, Food, and Natural Resources cluster
True
False
9.9.
A young boy falls off his bike and is rushed to the hospital. Doctors suspect that he has broken his leg, so they send him to see Tobias. Tobias takes an x-ray of the boy’s leg so that the doctor can see whether there is a break in the bone. The Health Science career pathway that Tobias works in is _____.
Biotechnology Research and Development
Diagnostic Services
Health Informatics
Therapeutic Services
10.
Sharee has worked as a receptionist in a dental office for a few years. She would like to become a dental hygienist because the work seems interesting and it pays more than she currently makes. What kind of education might Sharee need to look for?
internship at another dentist’s office
apprenticeship under the current hygienist
associate degree in dental hygiene
doctorate degree in dentistry
11.
Aislinn chooses to pursue a pathway in the Education and Training cluster. What would be a logical job for Aislinn to take along her pathway?
receptionist at a doctor’s office
after school math tutor
salesperson at a car dealership
lab assistant at a medical lab
12.
Calvin works for the local recycling plant that collects plastic bottles and bags then processes the plastic so that it is ready to be sent to a plant that turns it into insulation for sleeping bags. The Agriculture, Food, and Natural Resource pathway that Calvin works in is _____.
Agribusiness Systems
Food Products & Processing Systems
Environmental Service Systems
Natural Resources Systems
13.Garrett wants to be a behavioral therapist who works with troubled children. What qualities might be useful for Garrett in this career?
Garrett is really good with math.
Garrett is a very patient, caring person.
Garrett has great curiosity about how things work.
Garrett is shy but loves to produce art.
14.
Nathan runs a termite inspection service, so he falls under the Animal Systems pathway in the Agriculture, Food, and Natural Resources cluster.
True
False
15.Betty has a degree in wildlife conservation. She is passionate about preserving habitats for endangered animals. What kind of company might want to hire Betty?
a farm in need of a dairy manager
a bald eagle sanctuary looking for a ranger
a pesticide company in need of a marketing person
a local food truck looking for a chef
PLEASE HELP WILL GIVE BRANLIEST 30 POINTS
Answers
energy and power technology
She needs to complete the next level of college education. A bachelor’s degree, is this degree called. Thus, option (b) is correct.
The Energy cluster pathway that Zane works in is Energy and Power Technology. Thus, option (b) is correct.
What is education?The term education refers to the gaining knowledge and learning the new things. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.
Biology is a good course of study if a person wanted to pursue the Health Sciences career cluster. This statement is true.
A paid internship at a local government office is job would be a step along her pathway.
As a result, the significance of the statements are the aforementioned. Therefore, option (b) and (b) is correct.
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your firm was involved in the underwriting of go municipal bonds for suffolk, ny. the syndicate manager notifies your firm that the underwriting was oversubscribed. how does the syndicate manager determine which orders are filled first? a. as stated in the bond indenture b. as stated in the agreement among underwriters c. first ordered, first served d. in a way that the syndicate manager determines to be fair and equitable
Answers
The syndicate manager determines which orders are filled first when the underwriting is oversubscribed by in a way that the syndicate manager determines to be fair and equitable.The syndicate manager is responsible for determining which orders should be filled first in the case of an oversubscribed underwriting.
He has the responsibility of overseeing the underwriting and ensuring that the process runs smoothly. The syndicate manager can also be referred to as the lead underwriter or the bookrunner. The underwriting process begins when a municipality decides to issue bonds to finance a project or some other initiative. An underwriting syndicate is formed to sell these bonds to investors.The syndicate manager is responsible for pricing the bonds and setting the underwriting spread. They are also in charge of marketing the bonds to investors.
Once the bond issuance is oversubscribed, the syndicate manager must decide which orders to fill first. This decision is made in a manner that the syndicate manager determines to be fair and equitable.In conclusion, the syndicate manager is responsible for determining which orders are filled first in the case of an oversubscribed underwriting. They make this decision in a way that they determine to be fair and equitable.
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what is the discount rate?
the rate customers of savings banks get for borrowing money
a special rate that member banks of the federal reserve get for their financial operations
the amount that a bank must subtract for its reserves
the rate the fed charges for loans to commercial banks
Answers
Answer: The rate the Fed charges for loans to commercial banks
Explanation: For Gradpoint users. Good luck, you got this :)
for well established brnads opreating in industires of low competivive intensity,makreing managers can create communciation stragies that make use of high reach and little or no frequency, by empolying reach only,marketers are striving for maximum impact from memorable creative,deleiverd at just the right time and in just the right venue.this stargrey can be leveraged by some other means throguh punlicy,publicty,relations or some form of digitial promotion T/F
Answers
This statement is False: this stargrey can be leveraged by some other means through punlicy, publicty, relations or some form of digitial promotion.
The goal of marketing is to develop brands. The goal of communications, which is a significant part of marketing, is to draw customers to our brand and convince them to support it. In the past, advertising in print, then radio, TV, and now digital media has been the main method of achieving that. Smart, goal-oriented media strategy and planning have been working hard behind the scenes while smart, goal-oriented creative has been the star.
The study of media is a discipline that includes elements of sociology, statistical analysis, economics, behavioural science, and, some could argue, even intuition. Despite improvements in measuring and analysis techniques, a continuously changing media environment, and trends in media consumption, media strategy still seems to revolve around the utilisation of two factors: reach and frequency.
Reach is the extent to which your message reaches your target audience of consumers, customers, or decision-makers (B2C), quantified in numbers and/or percentages during the course of a certain campaign. The maximum number of individuals who are targeted via effective reach are exposed to the brand message. Effective reach operates economically, as seen by the cost per thousand (CPM), cost per lead (CPL), and cost per thousand (CPS) metrics (cost per sale).
Frequency is the total number of times the target has been exposed to the brand message through one or more media vehicles within a predetermined campaign period. While frequency exposes the audience to the brand message, offer, promotion, etc. on a regular basis, reach delivers the audience. Since there is clear financial waste in purchasing too many ads with declining performance, the topic of how many exposures is enough (or too much) is one that arises frequently
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When businesses sponsor
community events they are largely
fulfilling their
responsibility to:
Answers
When businesses sponsor community events they are largely fulfilling their responsibility in order to grow their customer base through the promotional benefits of the event.
A community event is an event which is based on the public property, and either has attendees over 50, or blocks or reserves which have access to public passages or the right of way. So, such events have direct and indirect impacts on communities.
These events tend to provide opportunities for skills development, participation, volunteering and social, cultural economic and environmental developments. Thus, this way they also grow their customer base through the promotional benefits.
Hence, such community events also attract the tourists.
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In the management of cash and marketable securities for a firm, why should the primary concern be for the safety and liquidity rather than maximization of profit
Answers
The main focus should be on safety and liquidity rather than maximizing profits because the money must be available when it is needed.
The balance sheet's marketable securities are what, exactly?Marketable Securities, which are the liquid assets that are easily convertible into cash and are listed under the current assets heading on the company's balance sheet, include, as just a few examples, Treasury bills, commercial paper, and other types of money market instruments.
Marketable securities – are they a current asset?Marketable securities are highly liquid assets that can be quickly converted to cash without losing value. As current assets, which are those that are projected to be converted into cash in less than a year, they are often not a component of a company's operations.
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Now that each account has been classified, assign account numbers to each account. You must assign account numbers so that accounts receivable, accounts payable, and expense accounts are in alphabetical order (by last name, in the case of accounts receivable). Use 3-digit account numbers and number the accounts within a division by 10s.
Answers
Answer:
I dont know the answer im just saying this so I can come back to it when there is an answer
Explanation:
Why is creative thinking important to generate business ideas?
Answers
Answer: Creative thinking is necessary for business problem-solving.
Explanation: The skill of creative thinking is a helpful skill because it teaches workers/business owners to find opportunities and ways to improve something even if the situation is challenging. This also lets the person face a problem or situations by a different view. I hope this helped!
How do I find the first four terms?
Answers
Answer: 300, 350, 400, 450
Explanation:
a1 = first term = 300
d = common difference = 50
2nd term = a+d
= 300 + 50
= 350
3rd term = a + 2d
= 300 + 2(50)
= 300 + 100
= 400
4th term = a + 3d
= 300 + 3(50)
= 300 + 150
= 450
Therefore, the first four terms are 300, 350, 400, and 450.
"THE THIRD PARTY WHO CONTRACTS WITH AN AGENT IS MORE PROTECTED UNDER A DISCLOSED AGENCY THAN AN UNDISCLOSED ONE." • IN NOT MORE THAN 10 PAGES ARGUE FOR OR AGAINST THIS STATEMENT SUPPORTING YOUR POSI
Answers
A disclosed agency provides more protection to the third party involved in a contractual agreement with an agent. Clear accountability, liability, and informed decision-making all contribute to the increased protection for the third party in such situations.
The statement "The third party who contracts with an agent is more protected under a disclosed agency than an undisclosed one" is accurate. In a disclosed agency, the third party is aware of the principal's existence and identity. This provides more protection to the third party for the following reasons:
1. Clear accountability: In a disclosed agency, the third party knows the principal's identity, allowing them to hold the principal accountable for the agent's actions. In an undisclosed agency, the third party is unaware of the principal and may only hold the agent responsible.
2. Liability: In a disclosed agency, the principal is typically liable for any obligations arising from the contract. This offers more protection to the third party, as the principal may have more financial resources than the agent. In an undisclosed agency, the agent and the principal may both be liable, but the third party might not know to pursue the principal for remedies.
3. Informed decision-making: Knowing the principal's identity in a disclosed agency allows the third party to make informed decisions when entering into a contract. They can assess the principal's reputation, financial stability, and other factors. This knowledge is unavailable in an undisclosed agency, potentially leading to unfavorable contractual terms or increased risk for the third party.
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In most job interviews, conservative business _________ attire is a safe choice.
Answers
Answer:
formal
Explanation:
Attire is one of the important aspect that reflects on the personalities of the interviewee. The attire that a person should opt for during an interview is formal and well fitting clothes. Clean and fit clothes helps in adding confidence and makes the personal appear professional before the interviewer. Clothes are to be choose according to the industry or profession applied by the interviewee.
A customer who buys a cup of coffee because they're feeling sleepy during the workday has experienced which of the following?
an internal stimulus
an external stimulus
an emotional appeal
a lexical appeal
Answers
What is the most important characteristic for being successful in a Supply Chain Management Career or as an SCM Major
Answers
The most important characteristic for being successful in a supply chain management is the motivation, excitement and determination to succeed.
To have a career in Supply Chain management, you would need to perform very well in your school work.
The person would also need to have good mathematics and analytical skills that would help him or her. This would provide an understanding of supply and demand.
Also the ability to use data would be important. Especially for tracking orders and shipments.
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All of the following are advantages to organizing as a corporation except:_____.
a. limited liability.
b. double taxation.
c. easy access to capital.
d. easy to transfer ownership.
Answers
Hence option B is correct. double taxation.
Organizing as a corporation offers several advantages, but double taxation is not one of them. Limited liability is a key advantage of a corporation, which means that shareholders are not personally responsible for the company's debts and obligations.
This protects their personal assets in case of financial loss. Additionally, a corporation has easy access to capital through the issuance of stocks and bonds, allowing it to raise funds for expansion or investment. Another advantage is that ownership in a corporation can be easily transferred through the buying and selling of shares, providing liquidity and flexibility to shareholders.
However, double taxation refers to the corporate profits being taxed at the corporate level and then again when distributed to shareholders as dividends, which is a disadvantage of organizing as a corporation.
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Name the non-partisan organization that has set the rules for U.S. presidential and
vice presidential debates since 1987.
Answers
Answer:
The non-partisan organization that has set the rules for U.S. presidential and vice presidential debates since 1987 is discussed below in details.
Explanation:
A non-partisan system is an arrangement of administration or organizations such that general and intermittent elections take place without relating to political parties. there are two types of Non-partisan organizations: De facto and De jure.
The commission of presidential debates was organized in the year 1987 to assure that the debates, as a constant part of every general election. The commission of presidential debate advocate and present debates for the United States presidential and vice-presidential candidate.
How much cash can you carry on a plane internationally?
Answers
According to the United States Transportation Security Administration (TSA), there is no limit to how much cash you can carry on a plane internationally. However, if you are traveling with more than $10,000 in cash, you must declare it to the customs officials when you arrive at your destination.
This is because of anti-money laundering regulations that aim to prevent the movement of illegal funds across borders. Failing to declare cash over $10,000 could result in the seizure of the funds and possible legal consequences. It is always advisable to check with the airline and the customs regulations of the countries you are visiting for specific guidelines.
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FILL IN THE BLANK. to maximize profit, a firm will hire workers when the___in revenue from hiring an additional worker_____the worker's wage.
Answers
To maximize profits, a company hires an employee when the increase in revenue from hiring the additional employee is greater than the employee's wages.
What is the importance of workers' wages?Wages and salaries are the performance of work agreed between an employee and his or her employer, based on employment contracts in the private sector and contract or civil servant employment in the public sector.
Who qualifies as a day laborer?Day laborers do some simple jobs. From working on construction sites and markets, to full seasons on farms and factories, they have ups and downs trying to make ends meet. Most schools employ staff on a full-time basis, as opposed to temporary employment, which these workers must satisfy.
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Rita wants to be involved in business. She has a fair amount of money to invest, but she does not want to be involved in management. She wants to form a business in the quickest way possible under her circumstances. Which form of business would be best for Rita?
Answers
Answer:
Limited partnership.
Explanation:
Since in the question it is mentioned that the rita wants to get involved in the business also she has a fair amount for invest also at the same time she does not want to involved in the management.
Also she wants to create a business in a fastest way
So here the limited partnership should be chosen and the same is to be considered
Traditionally, an employer or employee could end a work relationship at any point, without a specified.
Answers
Traditionally, an employer or employee could end a work relationship at any point, without a specified contract.
A contract is a document that bonds an employer to an employee. If there is no contract then the employer or the employee can leave the companionship at any time.
If a company wants that an employee works for the company for a specified amount of time, then a contract has to be made between the company and the employee. Without a contract, there is no right of an employer to an employee and vice versa.
Hence, a working relationship can be ended at anytime if there is no contract.
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A difference between workplace diversity and affirmative action is that: Question 26 options: unlike diversity programs, organizations that pursue affirmative action programs do so voluntarily. affirmative action guarantees diversity, whereas diversity does not guarantee affirmative action. organizations cannot achieve diversity without affirmative action, whereas affirmative action can take place without diversity. affirmative action is required by law for private employers with fifty or more employees, whereas diversity is not.
Answers
Answer:
affirmative action is required by law for private employers with fifty or more employees, whereas diversity is not.
Explanation:
Affirmative actions are steps taken to increases the representation of underrepresented groups in the workplace, school or government. The purpose of affirmative action is to reduce discrimination.
affirmative action came into prominence in the 1960s with the Civil Rights Acts of 1964
Diversity is a voluntary process. It is the measures taken to accept minority groups
An institution might take affirmative actions but may not be diverse.
An institution might be diverse without taking affirmative actions .
Affirmative action does not guarantee diversity. Affarmative action require
the marketing manager reminded the team that they had to come up with something that would set them apart from their competitor. in other words, their marketing mix needed
Answers
The marketing manager emphasized the importance of seizing the opportunity to differentiate their company from their competitor. They needed to identify something unique about their product or service that would appeal to their target market and set them apart from the competition.
This differentiation could be achieved through changes to their marketing mix, such as developing a more effective pricing strategy, improving their product's features, or enhancing their promotional efforts. By implementing these changes, the company could create a more compelling value proposition and gain a competitive advantage in the marketplace.
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