When demand is perfectly inelastic Elasticity is Mcq?

When there is an increase in the deficit of the current account, the pressure on the home currency value all things equal would be a downward pressure.

A current account deficit means that the country is earning less from exporting goods to other countries than it is losing from importing from other nations.

What this means is that more money is flowing out of the country than the money that is coming in. What this leads to a loss in currency value because it points to less demand for the home currency.

This is because the deficit would place a downward pressure on the local currency. On the upside, this decrease in currency value might spur exports which would lead to a better current account balance.

In conclusion, there will be downward pressure.

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A type of group that has a constitution and bylaws and has been organized for purposes other than obtaining insurance is called an association or labor group. This is further explained below.

Generally, the government is guided by a set of basic principles or precedents that are accepted by the public.

In conclusion, Association and labor groups are two types of groups that have a constitution and bylaws and have been formed for a reason other than getting insurance.

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If you are trying to increase the awareness of online purchases in your online art supply store, the best test to measure this goal is a Brand Survey test.

A brand survey test allows for a company or individual to find out the popularity of a brand they are selling, a promotion being offered, or the entire business itself.

If you need to find out just how popular the goods sold at the online art supply store are, the brand survey test would be best as it would show if there is an increase in the number of people who know the store.

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Gene’s title is b. market manager .

A Marketing manager is chargeable for constructing and retaining a sturdy and regular emblem via a huge variety of online and offline advertising channels. The song examines the overall performance of advertising campaigns, controls the advertising, and makes certain that all advertising is consistent with brand identification.

Marketing Managers are chargeable for developing, implementing, and executing strategic advertising plans for a whole corporation (or lines of business and brands inside an employer) with the purpose to attract potential customers and keep existing ones.

Advertising managers normally want at least a bachelor's diploma. a few employers do not require precise training, however many pick an advertising or commercial enterprise diploma. era training and expertise in design and media manufacturing can also help candidates stand out. Managers normally need advertising and marketing revel in.

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The unpaid dividend amount is known as dividend in arrears.

What is preferred stock?

Preferred stock entitles its holders to receipt of dividends before common stockholders and after the bondholders have received their interest payments.

What is cumulative preferred stock?

This has a  edge over the ordinary preferred stocks since its holders are entitled to receive arrears of dividends, dividends not declared in a particular year or the shortfall in dividends, which means in future years they would receive that year's dividends plus any unpaid dividends in earlier years.

The amount of preferred dividends that could not be paid in a particular year because there is no  cash available or that dividends were not declared are known as dividends in arrears.

Overall, the correct answer with which to fill the space in the case is dividends in arrears.

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The lease-purchase contract should include all of the following EXCEPT all financing terms for the purchase.

A Lease-Purchase Contract, also known as a Lease Purchase Agreement. A lease purchase agreement in real estate is a rent-to-own contract between a tenant and a landlord for the former to purchase the property at a later point in time. The renter pays the seller an option fee at an agreed-upon purchase price, giving them exclusive rights to buy the property.

Both parties agree to what the purchase price of the home will be at the end of the lease term. The agreement will likely include a stipulation that a portion of the monthly rent goes toward a down payment. The renter should be confident that they can secure a mortgage at the end of the lease, or else they forfeit the purchase option.

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Usury laws, established by each state, provide for the protection of borrowers.

This is the term that is used to refer to the laws that are made in the United States that are known to protect the interest of the borrowers against the lender who make impose very high interest rates on the amount of money that a person may borrow.

The laws are known to be ancient in nature and were said to have originated from the English colonies which adopted them from the British people.

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enforceable, legality

For a contract to be enforceable it must meet the requirement of legality and both the subject matter and the performance of the contract must be legal

An agreement to be a contract must establish a duty that is enforceable by law by the provisions of contract laws. Any arrangement that does not provide for enforceability—that is, one in which the parties cannot seek redress in court for breach of the agreement s not a contract. To create legality in a relationship, the contract must have intent. It happens when the parties are aware that each of them is responsible for the contract's failure if they fail to keep their part of the contract.
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It should be noted that a business case gives justification for undertaking a project or portfolio.

It should be noted that business case evaluates the benefit, the cost and risk of alternative options and gives a rationale for the preferred solution.

When writing a business case, it's important to always define the scope and include an executive summary, detailed information about finances, as well as.an overview of the project's structure.

Every member of the project team should contribute to the business case and the business case should be concise and only include relevant information

In conclusion, the business case provides decision makers, stakeholders and public for evidence based and transparent decision making.

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Complete question:

You and your team are continuing your work on the Global Treps Project. Your project sponsor, Dr. K. has asked you to refine the existing cost estimate for the project so you can evaluate supplier bids and have a solid cost baseline for evaluating project performance. Recall that your schedule and cost goals are to complete the project in six months for under $120,000. You planned to use up to $50,000 total to pay yourself and your team members, and your initial estimates were $30,000 for travel expenses, $20,000 for hardware and software, and $20,000 for organizing four events, including consultants, legal/business fees, etc.

If sellers expect the price of their product to rise in the future, they are likely to lower the price in the near term. increase their demand restrict their demand increase their supply restrict their supply.

A seller is a person or entity that sells products, services, or financial assets. Shorting means borrowing a security you don't own, selling it, and buying it back at a lower price. The option seller is known as the "writer" who collects a premium from the buyer.

Buyers or sellers being "balanced" refers to the imbalance of orders in the market at any given time. The term also describes a trader whose activity over a period of time tends to be predominantly in the direction of buying or selling, with a tendency to balance the two.

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The  non-price determinant of the number of sellers in the market is causing the curve to shift

Demand curve shifts occur when demand determinants other than price change. It occurs when the demand for goods and services changes, even if the price does not change.

To understand this, we first need to understand what the demand curve does. Record the demand plan. This is a detailed chart showing the number of units purchased at each price. It follows the law of demand that people buy fewer units as prices go up. Unless nothing else changes, a business principle is called ceteris paribus. This means that all demand determinants other than price must remain the same.

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The concept that under the right circumstances, a group is smarter than the smarter individuals in them is referred to as the wisdom of crowds.

Wisdom of crowds is a principle that assumes that the knowledge of crowd outcomes in higher decision-making, innovation, and problem-fixing than that of a person. A crowd needs to be large, and diverse, and people within the crowd cannot be prompted by others for the principle to work.

The mathematical concept plays an important role in the Wisdom of crowds, The crowd's squared error equals the average person squared errors minus the variety of the predictions. this can be referred to as the diversity prediction theorem. This occurs now not the handiest in this example; it is actually in each example. it's far a mathematical identity, like the Pythagorean theorem.

There is diversity inside the group and their wondering is unbiased of what others have to say. The idiosyncratic errors canceling each other out is not a gain of 'understanding of crowds'. because the opinion of a huge group of people could be very numerous of their thinking and it is their unbiased opinion.

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The Statement is True.

The clerks at Merchant Lyte's office think Johnny is there for to court Miss Lavinia.

The following Paragraph Supports the Statement.

When Johnny arrives at Mr. Lyte’s the servants tease him because they think he is there to propose to Lavinia. When he finally meets Mr. Lyte, the rich merchant cruelly laughs at Johnny, insults his mother, and tries to send him away. However, Johnny carefully describes the cup that his mother left him to prove that he is related to the Lytes. Mr. Lyte and his servant, Sewall, both recognize the cup from Johnny’s description. Mr. Lyte tells Johnny he can come back at suppertime and that he should bring the cup.

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The types of products have an energy-efficiency rating (EER) are:

The EER is the cooling capacity (in British thermal units (Btu) per hour) divided by the power input (in watts).

Without energy monitoring, the customer will be unable to identify inefficiencies in their company or home and efficiently correct the issue.

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Answer:

1Air conditioners, heat pumps, furnaces, and boilers

2 Having the estimated cost allows a consumer to make intelligent cost comparisons over time with different models of a product.

Explanation:

trust me

Funerals moved from the parlor in a family's home to a room reserved for such use by the undertaker. The funeral parlor in town became a substitute for the ceremonial room that people no longer had in their own homes.

Funeral carrier carriers need to provide correct, certain facts approximately cost, and felony requirements to individuals who are arranging funerals.

Through the mid-nineteenth century, the newly rising profession of businessmen-undertakers who furnished funeral and burial services started out adopting embalming techniques in general. Embalming has become extra common in the USA. at some point in the yank Civil conflict, whilst servicemen frequently died a ways from domestic.

The Funeral Rule, enforced through the Federal change fee (FTC), makes it possible with the intention to select the most effective goods and services you need or need and to pay the handiest for the ones you choose, whether or not you're making arrangements whilst a loss of life takes place or in advance.

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The ending inventory at the end of the second period is 400 units

What is ending inventory?

Ending inventory means the quantity of stock left unsold at the end of a period.

It is determined as beginning inventory plus production units minus quantity sold or demanded.

Ending inventory first month=500+1000-900

Ending inventory first month=600

Ending inventory second month=600+1000-1200

Ending inventory second month=400

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The maturity value of the note is 27830$

$27600*5%*60/360 equals $230 is the interest

Maturity value equals principal plus interest

I.e. 27600$ + 230$

=27830$

Maturity value —  The amount paid under a life insurance policy when the insured reaches the final age according to the death chart on which the value of the contract is based or based on the insured's death.

Maturity Value is the amount an investor will receive at the maturity date or maturity of a product/security held over its term and is calculated by compounding interest on the principal amount. Interest in the power of time

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N macroeconomics, the short run assumes that input prices are inflexible while output prices are flexible.

Macroeconomics is the branch of economics that studies the performance, structure, behavior, and decision-making of the economy as a whole. For example, interest rates, taxes, and government spending are used to regulate economic growth and stability. This includes regional, national, and global economies.

Macroeconomics is the branch of economics concerned with the economy as a whole or its structure, performance, behavior and decision-making. His two main areas of macroeconomic research are long-term economic growth and short-term business cycles.

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The resin materials cost per foot of finished product for June $0.53.

Given the data in the question;

                                                      May                  June                          July

Resin pounds input

into the process                       470,000            700,000              650,000

Price per pound                         X$1.50               X$1.50                    X$1.50

Plastic material costs             $493,000           $640,000             $677,000

Conversion costs                    $80,000           $120,000                 $115,000

Conduit output from

the process (feet)                   800,000              1,200,000            1,130,000

Assuming that there is one-half pound of resin per foot of the finished product, determine the resin materials cost per foot of finished product for June.

Given:

Materials cost for June = $640,000

Number of Feet produced as output in June =  1,200,000

So, Formula of Material Cost per foot of finished product

Material Cost per foot of finished product = Material Cost/ Number of feet produced in June

                                                                        = $640,000 / 1,200,000

                                                                        = $0.5333 = $0.53

Therefore, the resin materials cost per foot of finished product for June is $0.53

Hence, the correct option is A.

Your question is incomplete, but most probably your full question was:

Rambo-Conduit Corporation manufactures plastic conduit that is used in the cable industry. A conduit is a tube that encircles and protects the underground cable. In the process of making the plastic conduit, called extrusion, the melted plastic (resin) is pressed through a die to form a tube. Scrap is produced in this process. Information from the cost of production reports for three months is as follows, assuming that inventory remains constant:

May June July

Resin pounds input into the process 470,000 700000 650,000

Price per pound x81.50 x81.50 x81.50

Plastic material costs 493,000 6,40,000 6,77,000

Conversion costs 80,000 120,000 115000

Conduit output 800,000 1200,000 1130,000

from the process (feet)

Assuming that there is one-half pound of resin per foot of the finished product, determine the resin materials cost per foot of finished product for June.

a. $0.53

b. $0.60

c. $0.54

d. None of these choices are correct.

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The answer is Option A. The options are substitutes except A. we observe the price of bacon increases and the demand for eggs decreases.

This is the term that is used to refer to the goods that can be substituted for other goods.

These types of goods are known to have very close usage to the goods that they are substituting.

Eggs and bacon are not substitute goods these are the types of goods that are known to complement themselves. They go hand in hand and one is not used in place of the other.

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When the Grievance Committee suspects possibly unethical behavior, they hold an investigation to see if the Code's provisions have been broken. A code of ethics outlines the moral principles and best practices that an organization should adhere to in order to be honest, ethical, and professional. If an organization's members violate the code of ethics, there may be consequences, including firing.

The grievance committee main responsibility is to examine complaints that haven't been settled at the staff or administrative levels and, if necessary, to mediate disputes. Examples of this type of grievance include discipline, unethical conduct, categorization conflicts, benefit denial, and so on.

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Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms: TRUE

As the description itself says, the majority of the regularly used home appraisal report types were developed by Fannie Mae and Freddie Mac.

Therefore the statement "Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms" is TRUE.

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Complete question:

Fannie Mae and Freddie Mac are responsible for creating most of the commonly-used residential appraisal report forms. True or False

Costs that do not change with the change in the level of production for some time is classified as fixed costs.

The term fixed cost refers to a cost which does not change with any increase or decrease in the number of goods or services produced or sold by the company.

Fixed costs are those expenses which have to be paid by a company, independent of any specific business activities. It simply means that  fixed costs are generally indirect. It means  in this expenses don't apply to a company's production of any goods or services.

Companies can  have two types of costs , fixed or variable costs, which together makes  their total costs. Shutdown points are applied to reduce fixed costs at a greater extent.

Fixed costs refer to those  expenses that a company must pay at any cost.

These costs are fixed over a specified period of time and do not change with production levels or any other level of activity/.

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Small businesses often have advantages in international markets. one advantage is:  Individualized customer service as opposed to impersonal corporate bureaucracies.

These are businesses that are typically managed by people who started and own them. Small business have little running capital, few number of employees.

Advantages of small businesses are:

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Most of the trading in bonds is conducted?

The correct answer is  electronically

"Electronic means," "technology," "technical means," and related terms include the Internet, Internet-based websites, all forms of Internet communications, email, facsimile communications, telephones, and all other forms. Includes, but is not limited to, long-term ones.

Examples of electronic records include email, websites, Word / Excel documents, digital sales receipts, databases, text messages, social media posts, SharePoint sites, and content management systems (Catalyst, Slack, DropBox, etc.) There is information stored. ).

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Signing and dating a delivery receipt for a life insurance policy helps to establish all of the following timeframes EXCEPT the grace period.

This refers to a process whereby a company(insurance company) provides an assurance of compensation to another(insured) incase of loss or illness in return for payment called premium.

Some of the benefits of insurance are:

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Quality assurance in the dental office is a way of ensuring that everything possible is being done to produce high-quality diagnostic images and includes quality control administration procedures and control tests.

These are the activities that ensure thorough checks are carried out in a system so that the requirements and objectives for a product or service will be accomplished.

In other words, it is the method which prevents or protect the mistakes and the defects in the products which are manufactured and avoid the problem when the product or service is delivered to the customer.

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The primary objective of a monopolistically competitive firm is to maximize profits by increasing revenues and minimizing the total costs of production. The profit maximizing level of output occurs where marginal revenue is equal to the marginal cost of production.

Monopolistic competition is a market structure characterized by many firms selling differentiated products with some barriers to entry into the market.

The primary objective of a monopolistically competitive firm is to maximize profits by increasing revenues and minimizing the total costs of production. The profit maximizing level of output occurs where marginal revenue is equal to the marginal cost of production.

In Other Term, Profit maximization is a process business firms undergo to ensure the best output and price levels are achieved in order to maximize its returns.

Therefore, we can conclude that the correct option is A.

Your question is incomplete, but most probably your full question was:

A monopolistic competitor wishing to maximize profit will select a quantity where:

a) Marginal revenue equals marginal cost

b) Marginal cost equals demand

c) Marginal cost equals average cost

d) Marginal revenue equals average cost

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Answer: income statement and the statement of cash flows

Explanation:

Because the market depicted above is a monopolistically competitive market, it is easy to see that there is is a long run equilibrium situation because the price is equal to the Average Total Cost curve for each firm, where the quantity is optimal.

Monopolistic competition is a market system in which numerous enterprises exist in an industry and create similar but distinct products.

None of the firms has a monopoly, and each company acts independently of the actions of the others.

From the attached graph and the information given,

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Full Question:

Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact that [P>ATC/ MR > MC/ P = ATC/ MR = MC] at the optimal quantity for each firm. Furthermore, the quantity the firm produces in long-run equilibrium is​ [equal to/ greater than/ less than] the efficient scale.

True or False: This indicates that there is excess capacity in the market for jackets.

Monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. The presence of the [product variety/ business-stealing] externality implies that there is too little entry of new firms in the market.